LRS General Discussion, page-16625

SIGMA price is down 50% over past 6 months, and they have been shipping Spod, albeit at a low price.
They are now in talks with BYD ( backed by Berkshire Hathaway) who is going to build a multi billion processing plant in Brazil.
LRS is increasing their resource estimate from drill results in Salinas and will be looking at a DFS towards the end of 24. From recent release I note they have made progress with potential offtake partners, which could include BYD ( we are not told) Seeing how the lthium market price has been manipulated by China and the short sellers it is likely the same is happening to LRS... drive the price down to secure the resource at bargain price!!
Chris and his team know the business nd can see what is happening to LTR and others.... this will come out as a tier 1 resource with production not likely to start until 26, at current price of 15c it is a definitely a buy and hold.
We bought in at 25c over 18 months ago nd topped up even higher... some of that we cashed in and now looking to reinvest for the longer term...
Just saying,, there are not enough of us on Hot Copper to move the market, but no harm to let others know how we see the market for LRS going forward.
GLTAH and DYOR