LSR is currently in a very good position. They recently sold...

LSR is currently in a very good position. They recently sold their 20% stake in KHLP, and in turn, now possess approximately 13% of FBM. This ownership includes 27 million consideration shares and another 27 million performance shares, which are almost certain to materialize with a 10mt at 1% soft target. Now LSR has ownership to both the KHLP and Nevada lithium project. In my view, possessing a 13% stake in FBM holds greater advantages than owning a 20% stake in KHLP.
Most importantly, all indicators suggest that LSR is on the path to potentially uncovering a significant discovery similar to the Degrusa . The company has sufficient funds, so no need for CR for a while. LSR also has $2 million finance facility at their disposal. If needed, LSR can liquidate FBM shares to procure funds for further drilling at Earahedy. I also believe that LSR owns a significant number of shares, formerly VAN and now CYL. Exciting times ahead for LSR shareholders.