why did SP claim ching reserves were stabilising nicely at the...

why did SP claim ching reserves were stabilising nicely at the AGM, when their own data in presentations clearly does not support that view. Why has HDR gone out with effectively a downgrade of ching recoveralbe reserves, even moreso than conservative ROC suggested, when WPL as operator haven't revised reserves, and interestigngly only after knowing TLW were interested in HDR and likely a job for Potter and (quite short term I suspect) some of his crew.