"The categorization of Mineral Resource associated with the Upper Smackover Formation evaluated in the PFS has been upgraded to Indicated. The Middle Smackover remains at the Inferred Mineral Resource category."
"The principal recommendation from the PFS is that the project is ready to progress to a Feasibility Study"
Table 5 in the news release, shows Upper Smackover @ 1.4 m/t.
E3's Feasibility studies are based on Measured & Indicated 16 million tons.
World's of differences.
Comparing SLI to E3, is like giving a whale a tick tack.