Throwing my 2c in mate, I wouldn’t look at LRS as a long term investment. A decent trend or short term one for some gains here and there, but honestly I don’t think we’ll see them actually produce kaolin in our live times. They’re management comes across as self serving, and not in the good for business kind of way. Additionally before they even considered turning one of their many resources (lithium, copper?) into a viable product they would need a considerably large amount of capital either in even more ridiculous sp dilution, leading to a consolidation down the track and or giving away options or shares to the lowest bidder capital fund. Could be wrong, but I think it will be another one of those species that’s in the endless explorer soon to be producer loop.
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