LRS General Discussion, page-16610

Agree - that $100M + can pay for a lot of early works as well - I think TG mentioned on an earlier video that some of the last funds were also earmarked for early works and ordering long lead items - that indicates to me that they are very confident moving forward and are very agile so are going to get this producing very quickly

For some reason the phone App bombs trying to load images otherwise I'd post some screen grabs - but the whole rhetoric on reducing EV sales is cr*p as it looks like it is based on % growth which has indeed slowed but the total sales are going ballistic - the current spod / Li price will turn sharply (since the market is still working itself out, mines takes a long time to be built, inventory is very low, companies like BYD don't spend billions building factories for nothing and need high quality inputs, EV and storage escalating, lithium will be a major input for at least 10 years or more etc) - LRS will be poised to make the most of higher prices at commissioning in a couple of years With low costs and growing production rates, LRS cash generation will become king

IMO DYOR

PS - re posts on paper losses recently - yes I'm in the 7 figure club but the way I look at it it'll be (only in my opinion!) higher again within my investment timeline (a couple of more years). I sold about 10% of my holding at .41 so I paid some bills and am free carried All my other plays are very red lol

Good luck to everyone!