It is a significant reduction from their original documents/estimates no doubt..........however, the resource as outlined today is (from my reading) higher confidence which is a good thing and still more than large enough to justify continued work I would say.......extensions are there to be defined should they require a larger resource to move this forward. And this has more focus on the Halloysite component.
This isn't all about resource size imo it's more about understanding and rapidly progressing what they already have........
Here's a link to the JORC ann from mid last year so people can compare.........so much info in these things it takes more than a cursory read to get a decent handle on the content imo......and I'm no JORC or resource definition expert by any stretch.......
https://www.asx.com.au/asxpdf/20180822/pdf/43xjzpqldm1mgr.pdf
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- Ann: Poochera Halloysite Kaolin Mineral Resource
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