LRS Buy In

Having done my research, I’m buying in at 0.015.
Tough to get anything at .014 as it will instantly be DEVOURED – look at that stacked buy side!
As we all know, Lithium is a really hot commodity at the moment with strong, consistent growth in demand (11% p.a.) due to Lithium-ion batteries.  There has been a rapid uptake in electric vehicles (EVs) like those championed by Tesla.  We already know the cars of the future will be EVs and most likely autonomous/self-driven.

https://research.commsec.com.au/Api...FSzFFM0QiLCJmaWQiOm51bGwsImR0IjpudWxsfQ==.pdf

LRS has Strong Management-
MD Chris Gale is ‘the current Chairman of the Council on Australian Latin American Relations (COALAR) established by the Australian Government Department of Foreign Affairs and Trade(DFAT)’.  I’m sure he’s very well connected and great at doing business over there.
General Manager Andrew Bristow ‘has 25 years professional experience in the Mining and Environment industries in Australia, Africa and Latin America including almost 15 years based in Peru’.  He is also highly educated in geology and geochemistry – it is essential that management have this level of understanding of their product.
‘Exploration Manager Carlos Spier - Recently held the position of Global Exploration Manager for BHP South America and Africa (2007 – 2012).  Over 25years mining industry experience, covering exploration, feasibility studies, mine planning and production in a diverserange of cultural environments and mineral commodities, including 12years in iron ore.’ Very senior at BHP; certainly looking at turning LRS into a major player in the Lithium market.
https://research.commsec.com.au/Api...FSzFFM0QiLCJmaWQiOm51bGwsImR0IjpudWxsfQ==.pdf

LRS will drive Argentina to become the world’s second largest supplier of Lithium by 2025, with a share of 29% global supply, up from 11% and ranked 3^rd in the world narrowly above China (by 1%)in 2015.

https://research.commsec.com.au/Api...FSzFFM0QiLCJmaWQiOm51bGwsImR0IjpudWxsfQ==.pdf

HC Graph – Relative SP performance: LRS is now a first mover in the hard rock Lithium mining space and SP will take off once returns from Argentina are reaped.

http://hotcopper.com.au/hc_static/20160615_LRS/Graph.png
http://www.*.com.au/companies/news/...-lithium-front-runner-in-argentina-69228.html

The pegmatite analysis of LRS Argentinian reserves are very high grade: 6.6%, 7.1%, 6.3% and 4.9%; well above Altura’s grades at 1%.
https://research.commsec.com.au/Api...0Q1NDUFEiLCJmaWQiOm51bGwsImR0IjpudWxsfQ==.pdf http://hotcopper.com.au/threads/lrs-high-grades-of-lithium-in-argentina.2790678/#post-18041048

Access to Lepidico’s L-Max Technology through JV enables lower cost and more efficient processing of minerals for Lithium extraction.

https://research.commsec.com.au/Api...FSzFFM0QiLCJmaWQiOm51bGwsImR0IjpudWxsfQ==.pdf

GLTAH, DYOR.