Its not sufficient to say "we know our flowrates" when they don't. The only way of knowing flowrates is to drill holes and measure them. So drill it and find out - they've got to drill real production bores soon enough.
What they've got currently is the equivalent to a hardrock miner having a bit of outcrop, and an expert geologist guessing the grade and thickness and saying its right because he's an expert.
People jumped on board because of Rinehart's involvement. The last European venture she invested in went belly-up, an anhydrite fertilizer project in North Yorkshire. Her presence is no guarantee of success
Short Seller Report, page-80
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