Is This The Lizard?

This image was uploaded onto the world wide net earlier today and people suspect that this could be Rhys Ifans wearing green make-up for his Lizard in "The Amazing Spider-Man". If so, then is the Lizard in the new Spidey film gonna be all just make-up effects or is it just gonna be make-up effects for the transformation part and then go from there to CGI? Well just have to wait and see...............