Mojo, given we already have a sizeable 561m barrels 2c, even a seemingly smallish upgrade of 20% adds more than 100m barrels. A nice position to be in imo.
GR did mention to me at the RSS conference at the Gold Coast a few months back, that the upgrade would be more about moving some of the 3c into the 2c. How much of that transfers across is anyone's guess.
Place your bets. I'll take a stab at 748m 2c, giving far around 183m barrels net assuming they PE the WPL offer.
Bring on August!
Malcy on Podcast Talking FAR, page-5
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