Are you easily confused?
Ive explained it a few times let me put it in dot points for you.
During boom times like the one we have recently seen around lithium nobody ever wants to think it will end, but I assure you it will.
- Yes there are hundreds of companies trying to do what LRS have failed to do so far.
- Many of them won’t make it to mining.
- Despite this, I do believe that even if many of these co’s don’t bring a resource to market there will still be a lithium surplus in the coming years.
If LRS fail to nail down a resource in the next 12-18 months they will get left behind.
Cheers, bud
Ann: Annual Report to shareholders, page-33
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