WR1 General Discussion, page-30891

Exactly right, Helios. If pricing stays on the low side it'll be those companies with low capex requirements that'll have the best chance of thriving, or even surviving if you like because some wannabes will just never get to production; the market will see that, and their further exploration efforts and expenses will simply lead to greater and greater dilution. There should definitely continue to be demand for lithium for many years to come but probably not so great that ever Tom, Dick and Harry can make a go of it (as was thought 18 months ago). I think it'll be a case of survival of the fittest and I certainly fancy our chances over a dozen or more other wannabes that spring to mind.