This may be a risk"Despite the significant near surface...

This may be a risk

"Despite the significant near surface mineralisation being estimated at 493Mt it is not considered that this is all likely to form potentially economic hematite or goethite
mineralisation. Significant outcrops of hematite mineralisation have been identified at Johnston Range and exploration potential has been previously estimated at 10-20Mt at 58-62% Fe. Initial drill testing of hematite targets is scheduled for February 2011. It is planned for the initial hematite resource estimation to be completed by mid 2011."