I agree the p10 estimate can be misleading but it does not actually relate to the chance being 10pc . The figure is arrived at using porosity , hydrocarbon saturation levels , area etc and reflect at p10 a high volume and a lower confidence whereas the p90 is lower volume and higher confidence . P50 is not necessarily in the middle . Any large holder will be well aware of what the figures mean but nobody knows what is there yet .
I say all categories should be quoted . The economic figure of 200bcf is the first task . Quite a few holes to be drilled out there though dont you think .
- Forums
- ASX - By Stock
- why does mmr only report p10 estimates?
I agree the p10 estimate can be misleading but it does not...
-
- There are more pages in this discussion • 2 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 MMR (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.236M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
MMR (ASX) Chart |
Day chart unavailable
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online