From ASX guidelines on scoping studies
"Noting the comment in guidance Note 31 that: “Where a mining entity is reporting a production target that is based on a portion of inferred mineral resources and/or an exploration target in addition to ore reserves and/or measured and indicated mineral resources, the reporting entity must be satisfied that the respective proportions of inferred mineral resources and the exploration target are not the determining factors in project viability. In addition, the inferred mineral resources and exploration target should not feature as a significant proportion early in the mine plan.”
The problem is only when it's based solely on inferred:
"As mentioned in Guidance Note 31, ASX considers that it would only be in exceptional circumstances that an entity might form the view that it has reasonable grounds for a production target, or a financial forecast derived from a production target, that is based solely on inferred mineral resources."
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