Next Update?, page-18

Oz,
This may explain the paucity of sellers.

Stral,
Good question. We know that JORCs come in three shades, inferred, indicated and measured. I am not sure of the parameters for inferred, whether or not they can extrapolate from part of the lake to all of the lake. Given that we are talking about the remarkably consistent salts in solution perhaps they can do this, it is inferred after all. If they can I would expect the resource upgrade to be big, very big, certainly over 200 million tonnes. If not it is likely to be disappointingly low and we have to wait for the whole drilling program for the big numbers.