In SB latest interview, he mentions new acquisition target were drilled by Greenbushes in 1980's and its really simple maths that we need to drill and firm up the resource from 9-16Mt. So its not like Zola and Ringwood (showing my LT age) that we may not find anything. So current resource of 15Mt plus new acquisition of say another 15Mt puts us 30Mt. Converting that to Ore reserves (@ 50% based current scenarios 7.4/15Mt) gives estimate of around 15Mt resource with current drilling program. I have not factored Finniss Grant, HG, BP33 and Carlton inferred resource of 3.4Mt that could also end up into measured / indicated category. Is my assumptions somewhat correct or should I take my meds.
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