Ann: Half Yearly Report and Accounts, page-30

Not really just because LRS had $9 SP doesn't mean it will ever see that SP again as LRS and done so many CR + free shares to so many that we now have close on 2billion (if all opts exercised) ...really one could see a major consolation of shares 10:1 in time ..

A total of 847,544,516 fully paid ordinary shares + 511,903,342 options were issued as part of the entitlement issue were issued during 19/20FY to raise capital


If anyone wonders way we can't get traction SP wise is because we have such loose scrip(sellers) and brokers sohps insto's that may like the projects LRS hold but know its only a matter of time till they can get cheap placement shares with free opts etc ... LRS has spent well over $60mill+ to date (mainly on mgmt wages)

Going over last Ann report I do see LRS actually does have more people in mgmt (they need to update their webpage)

Tony Greenway -exploration manager
https://www.linkedin.com/in/tony-greenaway-65545334/

Yugi Gouw -LRS CFO (yet he states on Linkedin as only being CFO for OAR resources?)
https://www.linkedin.com/in/yugi-gouw-82234765/

think LRS needs a GEO in mgmt based in latin America ...