Some companies managed to get through with 100% inferred, others get knocked back from the ASX with 60% inferred, it depends purely on the ASX employee that reviews the scoping study when submitted to ASX based on my understanding. So a ~50% indicated is a good target to ensure you don't get knocked back by the ASX the day of, which has happened recently.
Look up st0ck head website (HC doesn't like these links or mentioning this website) "Scoping study issues continue to plague ASX-listed explorers", key extract below.
Ann: Outstanding Ionic Clay Recoveries for Caldeira REE Project, page-25
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