There seems a lot of confusion/misinformation with Reserves and resources, and the meaning of the 3 Ps and the three Cs.
I found a lovely chart laying it all out on the Gustavson full report. Page 133 on the PDF or Page 76 on the Gustavson report itself.
If I knew how to post the chart I would, my compute skills only go so far, but anybody that has the erg, please feel free and post it, thanks
The 3 Ps are only to do with Reserves
The 3 Cs are Contigent Resourses
We have Potential Resourses, with Low Medium and High estimates.
Along way to go before we can have a "P" or 3
LNC Price at posting:
99.5¢ Sentiment: Hold Disclosure: Held
