JRL General Discussion Thread, page-341

You maybe correct, who knows? Certainly not us.

Our big share holders don't appear to selling down, so that is a sign that there's no insider leaks happening on any potential bad news.

Given Posco have done work on a smaller sample before and have agreed to pay for and do more work on the larger sample of ore is surely a sign they are upbeat on successful extraction?

The Posco delays and the lithium price fall in recent times are more likely the cause of our share price doldrums. Can't say I blame some for moving on. We all have different investment time frames.

Seeing the slow decline is a concern of course. It is hard to be positive seeing what is happening . But I do trust LD and his team, so hanging in there.

As to the reasons for the delay, it could well be they just need more time to tweak the processing or applying new tech. Posco are very determined to grow the lithium space. They maybe waiting for or working on data from Fluor or vice versa.

Given Fluor, a very large company experienced in sediment lithium, have been appointed as lead engineers for a PFS is also encouraging. Surely LD and the team would not waste a dollar unless they were very confident.

LD mentioned some time ago they will need to raise cash so that may still be weighing on some holders. If/when JRL do raise, it may come on the back of Posco news. They may also be working on deepening the relationship if the results are good and want it all released at the same time.

Again, who knows?

We're either a bunch of starry eyed dummies or patient canny investors sitting on a potential big winner. Time will tell.