Hi Anub - From NSAI website...
"Since our founding over 50 years ago, we have delivered thousands of reports to petroleum and financial concerns throughout the world. Users of our reports have learned that each aspect of an NSAI evaluation is solidly supported. NSAI reports have earned a reputation for reliability because of the substance behind each one. Whether it is for a small property in East Texas or a giant LNG development in the Middle East, our clients know that an NSAI report will be highly respected."
NSAI is credibilty- period.
As for affecting the share price? historically a positive highly respected independant persons report that confirms or exceeds a companys own interpretations can ONLY be received as favorable by the market hence some SP appreciation.
Hope this helps.
Cheers BF
nsia report, page-25
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