44000t to 52000t, page-6

if you read the first post in this thread they have definitely set themselves up to disappoint the market:

"While not stating a resource figure Alliance indicated that a figure within the 44,000t – 52,000t band would not be unexpected. The resource
when it is finally released will only represent some 20% of the mineralized area."

The way I read this high-side estimate is over three times the actual! ie the 20% refers to the same 1sq2 of 5 sq2 for which the JORC was released.