Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-49

Australias Chris Bowen has just walked away from an aggresive EV target of 89%.

Lithium has lost its sheen for now and we are in a small cap spekkie stock where punters sometimes take a hit on small parcels of shares and go play elsewhere . Price drops here are on low volume and they bouce up when the sellers exit the bulding .

You need to be patient on these mate.

I sold Northern Star at $1 due to frustation, they hit $16 a couple of years later . I sold a parcel of Liontown at 40 cents , they hit $3 a couple of years later.

Management always said M16 are doing the drilling so save LSA a cash burn.

Even if theres a good strike somewhere you are in for a slow up and down ride because nothing amazing happens until mine life gets determined IMHO.

BTW before buying in to LSA I could have bought a new Toyota 4WD with the cash . I couldnt get a second had Hyundai under 5 years old now . My skins deep in this game .

Luckily Ive been through this before.