RE: Slightly surprised8 Jan 2021 08:39
The resources upgrade is only an 8.9% upgrade for Chuditch plus a 'lead' which by definition will be very early stage and low COS. The key is that time is running out, data access has still not occurred and now the operator is putting a proposal together to get an extension so they can actually get on with the work they need to do. Not as good an update as the market thinks it is IMO.