RE:RE:Edv Increases P&P Reserves and M&I Resources by 32% and 39%Hahaha. More Lipstick on the Pig. Expect not so good news shortly !! Why the delay on Q4 and 2015 NR and why this news pushed ahead of the expected NR ??
Lolololol !!!
marben100 wrote: Hmmm... bit of spin there, trumpeting 32% & 39% increases on a 100% basis, when we only own 55% of Ity. On an attributable basis, I calculate the increases as +24% in M&I and +16% in P&P... neverthless quite decent (though at the expense of equity dilution for the Ity addition) and some intriguing management comments about expanding the explo. programme. Look forward to hearing more about that.
Mark