I think it's negative. The wording is "(Reserves and Financial Update)" rather than "(Exploration and Reserves Update)".
I think they maybe reducing reserves because Boppy costs higher than anticipated and although they can reduce some costs from here they know they won't be able to reduce them to a level as modelled previously, thus reducing the reserves.
Mmhm. I can feel my pessimism.
Curpis, page-2
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