LRS General Discussion, page-11047

One of the issues is, now that everyone is exploring, turns out that Lithium is not as rare as once thought. Timing is everything in this game. As the late great Kenny Rogers said, ya gotta know when to hold ‘em, know when to fold em. I think anyone investing in Lithium needs to stay aware of when supply and demand are optimal. I’m invested heavily in lithium in my superannuation and have made some really good gains, but we need to be smart about it. Time to production is everything. Some of the big finds now may not achieve great prices in production if/when the pendulum swings and production is higher than demand. We probably won’t achieve the same highs as those of a similar size that went before us but I think management understands the importance of reaching production asap.