Reabold has announced this morning that the sidetrack into the Colter (North) prospect has established that, due to the fault being steeper than expected, Colter is smaller than pre drill expectations. The flip side of this is that Colter South is now thought to be larger aerially than before (and we had included no value for it). We reduce our PT only marginally from 3.5p to 3.1p, and whilst it is annoying we don’t yet know if Colter South is a concrete commercial discovery, we remain ....