Ann: Rincon Lithium Project - Maiden JORC Mineral Resource, page-229

We don't know what fraction of the preliminary resource estimate will be recoverable.
We don't know what the effect of replenishment will be.
We don't know what happens at depth and how much additional resource may be added to the preliminary estimate.
We don't know the production costs or profit margin.

It is too early to put a number of years on the production.

Imo, the replenishment rate is critical, exploring to greater depth is critical, and acquiring more land (or some JV with the neighbour perhaps) to extend the reserves is critical (once we confirm that we can economically produce BG LCE at scale).
That is what the revised resource estimate will help to understand, in conjunction with the subsequent PEA.

It is a lengthy and complex process, the current numbers we have don't mean much really, they just show there is a "decent" amount of "decent" brine down there, so far.
It is another positive milestone and another step forward. What it actually means for future production rates or mine life or NPV is still unknown.

It will unfold, let it happen. It looks good so far imo, but the story is just starting.

It is fair enough to say, imo, that if we can produce say 15,000 tpa, then we will likley be making 100-200mil profit per year. More if LCE prices rise further (likey imo due to hockey stick demand growth in the next few years).
If we can do this for an extended period - from our current tenements or additional acquisitions or JVs down the track - then all is good. Once we start making money, what good reason is there that we could not aquire more land and resources? Of course we will. If the process solution works at scale, opportunities will present themselves from all sides. It doesn't matter that we currently think that we "only" have about 200kt of LCE in the ground. We just need to "prove" that we have "enough" to get the funding secured to continue the scalable build and production. It will snowball from there imo.

We've gotta start somewhere. We are starting. Some people are popping in here talking like the current landholdings and the preliminary resource estimate are the end game. They are merely the starting game.

It only gets bigger and better from here. Remember all the discussion last year about potential JVs for unlocking QL..? Well, that type of thing still stands, perhaps not with QL, but perhaps others in Argentina..? The opportunities are endless. Give it time to play out. If our revised JORC resource estimate + PEA + S2 results can get S3 funded, then we are well on our way.

Chill out people! Patience!

Cheers