I'm presenting an opinion as I see the facts.
Talking about a 650Mt resource for JMS is completely ridiculous. Plot up the Marra Mamba outcrop on their tenements to see what actual potential there is. RIOs Brockman No 2 was only 38Mt and the rest are of similar size. Given the size of their deposits which are at the mining stage, their historical level of exploration and their land holdings over the most prospective areas of Fe mineralisation, I don't know how anybody can arrive at anything of the size that has been quoted for JMS to date.
Not every square inch of a potential target is mineralised otherwise RIO and BHP would have resources beyond comprehension given their land holdings.
the misplaced tenement, page-13
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