LRS 3.13% 15.5¢ latin resources limited

Ann: Annual Report to shareholders, page-31

  1. 199 Posts.
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    I follow my fair share of exploration companies. And I don't assume 50% of them will find a decent size resource. And what is a "decent size"? you obviously have all the calculations. The world currently consumes 220,000 metric tones of lithium per annum. Have you allowed for a 2500% increase or 3000%? because obviously a small detail like this would have a considerable impact on your surplus theory if it was the latter. I would love to see your spreadsheet showing all of the companies that are, and will be producing lithium. And I am really looking forward to seeing your projected forecasts of their production quantity's. Kyle, you have absolutely no idea if "this would service the demand" because there are so many variables here nobody could possibly work them all out. I'm guessing that by saying "in my opinion" you are creating a loophole for yourself, Because you know such a broad statement has absolutely no statistical merit to it. Just admit Kyle, it only suits your agenda.
 
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