LRS General Discussion, page-19286

Totally agree Emerger8

The problem is ,as I see it is, that retail investors have to buy in at the current SP.

Directors ,mostly get gifted shares directly as an incentive ,or on SP /MRE targets ,but they never give them back when the SP falls back.

So ,they have a buy in price of zero ,unless they bought further shares on their own, which I see rarely.

So 20c a share is great!

If the PLS takeover occurs ,then ,I think over the next 2 years ,there will be a Li price increase, and PLS will
appreciate in value, ,so LRS holders will find a appreciation in their holdings ,and maybe get a dividend.

This won't be as much as LRS staying with the project, but it will be better than now.

If the SH meeting votes it down ,then we will need a total clean out of CG and friends to move forward.

However ,in 2 years with a higher Li price ,financing will be easier to get ,