LRS General Discussion, page-16393

Hello everyone,

I topped up today. Prior to today I had 250,000 LRS shares. I purchased 10,000 shares today, so I have 260,000 in total now.

My average buy price for my entire holding is 26.93 cents. I am in the red $25,000.

I am long on LRS. And patient. And hopefully, right! It is the only Li stock I hold.

My view is as long as no viable alternatives to Li batteries for portable/EV use cases make it to market in the short to medium term, then LRS is a good bet given its low CAPEX/OPEX position and schedule to first production ~2026.

In short, barring future technology disruption, short term supply/demand and macro conditions present an opportunity if you are no a shorter or trader.

Days like today can test ones' mettle, but if you feel confident in your research, they can be seen as an opportunity.

DYOR & GLTAH.

Jas.