I'm keen to know if any of Abalone grades were factored into the...

I'm keen to know if any of Abalone grades were factored into the 100MT goal? Seems to me as though we are looking at potential 300MT+... why wasn't this mentioned? (even with all the relative disclaimers)

Pattersons based their $1.81 valuation on a max resource of 45MT .. ie they did not assume 100Mt is in the bag. Notwithstanding the clumsy communication BRM must now have the lowest EV/Tonne of any listed Fe junior and would have to be sitting on the primest piece of real-estate in the Pilbara of any junior. Sooner or later the fundamentals will have to outshine the individuals ... at current market cap it shapes up as a tasty takeover target IMO