Hi SharpE
The 80% Net:Gross ratio is true and the pressure connectivity showed that L#1 is a different structure then Crux. Thus reaffirming that Crux reserves are separate to what Libra might hold. Also success at Libra means chances of Auriga coming good are pretty high, if the host sands continue their trend NNE.
The company is just a bit sensitive in releasing any reserve estimates, as that could have an impact on any negotiation they might b involved in, IMO. Hence the cloak of silence. I was a bit surprised that they didn't mention much on the quarterly about Libra, just the usual things we already knew.
Few more weeks 2b patient, as we all wait for future updates/ clarity on the L-1 reserves & farm-in news.
cheers
crux of the matter, page-14
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