Ann: Annual Report to shareholders, page-15

There has certainly been a bear market of sorts in battery materials which is surprising. The one thing we can be certain of in this strange old world is that there is going to be a boom in electric vehicles and battery storage devices. The internal combustion engine is about to go the same way as the horse and cart. Even blind Freddy can see this!
However, as Frikkie mentioned, this is not the full explanation for the demise of LRS. I know it is didfficult getting permits etc in South America and nothing happens easily or quickly in that part of the world. LRS has been cash strapped and the poor drilling result a couple of years ago hasnt helped. However management need to be a lot more proactive to restore investor confidence in this company.
We need a full disclosure statement/interview from CG. What is the geologist bloke they have across there up to? What is the plan for drilling, JORC etc. Firm dates and good solid information. We are all fed up with the vague generalizations and promises that come to nothing.
I believe LRS has potential but at 0.2 cents the market obviously disagrees. You are staring death in the face CG. Either do something to turn the tide or watch your company fall into the hands of the Administrators.