yes, we are on Phase 1 JORC, which roughly fits along that timeline. Phase 2 is a separate entity and is referred as the "potential" in that statement. As of right now, Avz median intercept is 283m, Pilbara is 7m. Avz pegmatite is also proving to be homogenous and so far proving a much larger strike length.
In order for the estimate to drop to 25%, logic would suggest we see bad intercepts. We are seeing the opposite
AVZ Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held