Reserves Question, page-5

  1. 4,727 Posts.
    lightbulb Created with Sketch. 226
    Dis

    +100 points - I rekon you are correct !

    typically banks lend 65-70% of the NPV10 of PDP+PDNP ......

    this is why there is going to be a lot more pain in the aussie juniors (imho).

    rgds
    Value_Hunter
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.