Increased to $0.85/s from $0.80/s (6% increase) from a potential resource increase from 1.6Moz (5gpt cut-off) to 2.5Moz (50% increase).

http://docdro.id/ckYGwFA

Some comments:

- Not sure if potential increase in #4 Plug was included

- 5gpt cut-off is too conservative, 3gpt cut-off would boost the 2.5Moz by 31% (to 3.27Moz for Triangle South).

- Target increase by 6% to 0.85 is stingy. A 50% increase would be more reasonable, or at least 25%, would give target prices of 1.20/s and 1.00/s respectively (Note that #4 Plug would be expected to contain more than 0.140 Moz (indicated, 5gpt cut-off, slide 13 Corp Presentation). Inferred category would be much more than zero (Slide 13).

- The Gap: This would add quite a bit more to the resource estimate.

GH