lcy prepares for acquisition action, page-39

That makes sense Bigstar but actual JORC 1.6bn tonnes and using a 15% cut-off (presumably economical given the testwork - or why use it?) 2.1bn tonnes JORC.

But then HAW is more than 40% of the Western BIF magnetite. It is also 40% of the Eastern BIF magnetite 40% of the massive haematite and 40% of the layered haematite.

It is also 70% of Trouser Legs 80/100% of Coffey Bore 100% of Whiteheads,100% of Edjudina, 80% of Deep South plus a few million $ in the Bank and a large area of seriously prospective ground.

So HAW = far more than the Western BIF magnetite at Mt.Bevan though you wouldn`t guess so from the SP!