Fair enough, though Nido really only has a 700million barrel target, taking into account recoverable oil, % share in the project and other factors. I own some Nido BTW.
The resource just quantified by MXR, using state of the art magnetics and gravity survey information, is likely not going to translate to only 6% of the headline figure. Nido also wont have vanadium or titanium credits with the oil.
MXR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
