Mid-May report:
MINERAL RESOURCES REPORTED BY CLASS
(0.8-per-cent Li2O cut-off)
AMC----- AMC --Oct. 28, 2010,-- Oct. 28, 2010,
Classification estimate estimate estimate estimate
(tonnes) grade (% Li2O) tonnes) grade (% Li2O)
Measured (M)------6,101,000----1.16-----5,654,000----1.15
Indicated (I)------23,194,000----1.20----41,015,000----1.20
Total M+I----------29,295,000----1.19----46,669,000----1.19
Inferred-----------20,935,000----1.15----57,581,000----1.18
As you can see, measured estimate did not change much but indicated and inferred combined: drop of over 50%.
Could be a while to recuperate...
g.p.