LRS General Discussion, page-16632

Thanks @calmbeforestorm - very good listening and have learnt a lot

Seems to be working towards a reversal soon (within weeks) and even though a surge/spike in Li price is not good for long term sustainability of the market, in my opinion (2 cents) it probably will spike - just can't see that demand being met without a surge in prices to double the investment in new mines that are needed to meet the demand over the next 4 years - so my bets are on LRS starting to produce about the same time as the next major spike (IMO) - getting capital will be tricky but really for a pidley $300M investment there's some major returns to be had for any major investor/offtake partner at this stage who knows where this is heading

Might be wishful thinking but apart from a black swan event I am still comfortable with my investment atm

DYO NFA