How many other undeveloped publicly reported JORC even exist in Australia? GL1 - Manna and CXO's multiple small deposits - but that's it? These aren't deposits that you would want to be comparing yourself to.
On the topic of GL1, their global JORC is ~70MT, so 74MT for WC8 isn't going to move the needle.
Grade is a big fail here, saving grace is that there is some mineralisation from surface (but only in a part of the deposit, while other areas look like they've got ~200m of drilling before they touch any spod.
I'd say this falls short of most expectations.
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