Dont know how many are like me but I have never been completely clea r ab out how the terms 1P, 2P, 3P and
P10, P50 and P90 relate.
Have just come across the industry meaning and post it here for those also with similar wonderings.
1P = P90 = Proved
2P = P50 = Proved + Probable
3P = P10 = Proved + Probable + Possible
Hope it helps. Westmoon
- Forums
- ASX - By Stock
- HDR
- probability of success
HDR
hardman resources limited
probability of success
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)