Thanks @mad hare....appreciate the response....and well done for...

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?