Tony,
I have not heard anything new regarding the size of the finds - there is no additional information available that has not already been pored over on this forum and will not be until results come in. What I am trying to convey is that there is considerable doubt simply because the range of possibilities between minimum and maximum is, well, CONSIDERABLE.
And, yes, I agree that the risk is to the upside, but that does not justify adopting the maximum as the basis for the SP. The market has factored in some of the upside potential and the SP reflects the balance between buyers and sellers based on the current facts (including a degree of optimism in respect of the likely size of the recoverable resource).
Fisho
CN in melb at IMARC 2015, 11 Nov, PM, page-15
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