I'm probably with you on this one, despite the ambiguity of the below statement on page 1:
"The majority of the expanded project tenure falls within the Area of Influence (AOI) of the existing Inferred Resource at the Paradox Project, without any adjustments to the model that will occur with the additional data, and will be added to the proposed updated total JORC resource."
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02482423-6A1075431?access_token=83ff96335c2d45a094df02a206a39ff4
Bullet point 2 on the first page also can be interpreted 2 ways. The new tenements are the target of drilling in both the Paradox and Mississippian layers, OR that only the Mississippian layers are being focused.
It's complex due to the use of radiuses in the resource estimate. Have a read and see what you think.
ASN General Discussion, page-52
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