ADN vs WAK, page-15

I'm not sure it's helpful to compare ADN's development timeline to anything LRS is likely to achieve. First, ADN is not hugely distracted by lucrative lithium discoveries in South America. Second, Chris Gale has a long and chequered history and no demonstrated capacity for moving explorers into mining. If that's going to change then I'd like to have seen signs of it by now. LRS's newsflow on Cloud Nine has been very slow so let's just see if the PFS lands when predicted.

None of that should be interpreted as saying LRS will never get into production, but I think it's a long way off. I sold off half of my LRS holdings when it hit 10.5 at the start of the month. I'll continue to hold the other half but if I'm honest, I see it more as a candidate for takeover or resource sell-offs than a lucrative mining operation. We will only know in time, and lots of it.