Wrecking HC discussion on the ADN forum, page-70

I'm actually invested in LTR also, and I am happy with the DFS results for both ADN and LTR's flagship projects. Mostly because I understand the simple truth that the amount of details in a DFS is not in anyway correlated to the upward movement of the share price. It seems certain "investors" think otherwise.

LTR had plenty of detractors too when it was a "nothingburger" years ago and a lot of people thought Lithium would go nowhere, but the LTHs believed in a better future and they have been immensely rewarded for it. I learn mostly from the optimists because they're usually the ones who win the most in investing. I don't know how anyone can call themselves an "investor" unless they are optimistic about the future, otherwise what exactly are you invested in? The eventual destruction of the world? If you don't think things will get better, why invest at all? There is no money in doom and gloom, and even if there was, I want no part of it.

If Endtimes enjoys reading a detailed analysis comprising nothing more than guesswork at this stage (and it can only ever be guesswork because no one knows the future), then that is his prerogative. Heck, he can simply go to ChatGPT and ask it to create the "perfect" DFS for him to read. Maybe that will finally satisfy him.

But from my experience that is NOT how successful investing works. For me, the only purpose of a DFS is to get a general idea of the project's economics. I understand there is simply no way to get exact figures for anything at this stage and so asking for them is just pointless, especially at a point in time where the company is still forming itself and the sands are constantly shifting.

I hope I haven't ruined the Bear thesis for anyone, I know you guys worked very hard to come up with it.