Thanks @mad hare....appreciate the response....and well done for employing the services of an editor
I just posted a question about the transition from booking a CR to Proven Resources.
I suppose Nomgon + subsequent next basin drilling results before end of year will set an initial Contingent Reserve which will be added to/refined with additional and subsequent basins drilled into 2021/22 based on seismic interpretation etc......so the CR "expands" and refines based on the rinse & repeat cycle of exploration work.
If you or anyone else has insight, I'd really appreciate thoughts on how the CR evolve over time, and when does it "convert" to a Proven Reserve, what's the on-ground process for establishing a Proven Resource as I'm specifically interested to learn what that entails in terms of on the ground work and how that relates to cost.
And...I'm guessing it's years away?
- Forums
- ASX - By Stock
- EXR
- Trading Week
Trading Week, page-1055
-
- There are more pages in this discussion • 2,314 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EXR (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.3¢ |
Change
-0.003(4.55%) |
Mkt cap ! $75.39M |
Open | High | Low | Value | Volume |
6.6¢ | 6.7¢ | 6.3¢ | $400.6K | 6.293M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 24194 | 6.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.4¢ | 120977 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 24194 | 0.063 |
14 | 2581961 | 0.062 |
11 | 2135030 | 0.061 |
28 | 1873214 | 0.060 |
4 | 520860 | 0.059 |
Price($) | Vol. | No. |
---|---|---|
0.064 | 120977 | 4 |
0.065 | 467460 | 2 |
0.066 | 699511 | 2 |
0.067 | 15151 | 1 |
0.068 | 204400 | 2 |
Last trade - 15.59pm 18/10/2024 (20 minute delay) ? |
Featured News
EXR (ASX) Chart |