Summary Analysis of UBS report of 27 May 2015 + Comments

[jft310]

"Further testing is to be done when Antelope-4 ST-1 is completed. I expect these tests to prove that Antelope-1, Antelope-4 and Antelope-5 are all connected. GLJ originally used a discount factor of 0.80 for continuity uncertainty. I don’t know what they are using most recently but these tests should just about eliminate this discount factor and increase their sales gas resource number."

This may be the best part of PET's post . By Proving connectivity that adds it looks like 20 percent to GLJ before including Ant 4 and 5 drilling results . I think I am reading the .80 number correctly ?
The mid case becomes the high case based on the connectivity tests .