Interesting how LRS has a short lived spurt on good news and...

Interesting how LRS has a short lived spurt on good news and then falls back --- only to resume its upward trend a couple of days later. I guess people anticipated this good news and the recent rise in shareprice was due to this. We are a long way behind Sigma in terms of market production but Sigma has a market cap of approx AUD 7 billion and a resource of around 80 MT. By comparison LRS has a market cap of around AUD 500 and a possible resource of 40 MT. If LRS can match Sigmas performance that suggests in due course it may have a market cap of around AUD 3 million plus. Despite the recent naysaying about Lithium demand, I am convinced the demand for lithium will go gangbusters.