Ann: Flotation Testwork Produces High-Grade Lithium Concentrate, page-27

The maiden JORC will be between 1MT - 1.5MT, probably 1.2MT I think
This as stated on multiple occasions by the CEO was to get the ball rolling with Yantai.

The important thing will be the grade - hopefully 1.3% or higher if we're lucky.

From here on, I will expect 6 monthly updateds to the JORC, with the next one to show around 5-10MT depending on the drilling of Seymour (now with 2x drills). JORCs 3 and 4 should push us closer to the 20-30MT that is apparently in Seymour.

So based on this @You3OAte, you should sell - as with my figures you're thinking the share price will tank.
There is no way, NO WAY in hell that the first JORC will show anything beyond 1.5MT....unless a miracle occurs

The subsequent JORCs will however, push us up into the 10MT range, and then hopefully 30MT range.

From all accounts the stuff is there, at amazing quality.....but only a small bit made the first cut because Yantai and ADV wanted to spin up a term sheet to get their partnership rolling (and yes, it is low risk for Yantai at the moment - but they've agreed to buy everything that we can dig up )