LRD lord resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-9

  1. 2,699 Posts.
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    Bought more today, still in very early stage, permit granting will likely to give a boost to a SP and some rerate imo. And since AZL is pure lithium play, it will not be that hard to get the necessary process to the LRD too to speed things up given its same management.
    also usually there is a saying the best location for mine is next to a existing mine, so hopefully it's right and we will get the same mineralisation of Mineral Resources tenement. Some say lithiums time is over but I believe lithium story is not even properly begun yet.
    This is very risky investment but with inormous potential given the MC and very low SOI. In that aspect it Reminds me vulcan in its early days. Not saying this will be like vulcan as vulcan is playing in its own league but hey i dont have a crystal ball so you never know..
    Anyway good luck to all the risk takers with this at this stage.
 
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