The announcement doesvetails into floating off (or otherwise largely external development) of the Hog.
It is sound company practice, meeting with continuous disclosure. If you want to whinge about that fine but that's what it is. I'd just like to know if you'd like some cheese with your w(h)ine.
The way I (choose to) look at it is the SP is terribly low. If I then deduct 0c-3c from that for Hog's Ranch. I get a hugely discounted project.
PS: Please don't assume I value The Hog at 3c. I'm on record as saying I don't want to put a specific value on Hogs Ranch. It's too early in the cycle to have a meaningful value. I.e my bounds of error are as large as I've stated above.
All IMVHO.
Ann: Rex identifies lithium at Hog Ranch, page-13
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