LRS General Discussion, page-19322

Hey Gang,

I too am slightly disappointed with recent events and feel that more disclosure which lead to the boards decision would have helped us all understand why they gone the path that they have chosen.

That being said the decision has been made and ultimately has helped us recover in the short term and we will never no where and if we would have rebounded without this catalyst.

Having friends in asx private equity and capital raising game has given me insight that getting large amounts of funding in the current market is challenging and no doubt further dilution would have highly likely.

We can criticize and complain but most of us had opportunities to get out and probably at a profit over the last 12 months besides those who bought at the peak.

You only have to look at LTR as case study for this where greed takes over, which I did in great detail.

I like many was hopeful for another bid which looks unlikely at this stage given the time passed.

Like Dawgfather, I have been here pre lithium days and was looking forward to seeing this go all the way to production but may no enjoy a nice profit and look forward the next opportunity.

It has been great fun listening and enjoying the knowledge that many of you have shared especially Dawg.

Enjoy the ride.