Ann: Annual Report to shareholders, page-22

When did I say don’t believe in general demand?

What I believe is that there is literally hundreds of exploration companies around the world looking to cash in on the “lithium boom”
Many are at different stages: mining, development of resources, or exploration and searching for a resource like LRS.

What I was saying about demand is that while the price has doubled in the last two years as there is currently a shortage of lithium.
With all these new and existing companies scrambling to find and develop a resource it would be foolish to think that the price of lithium will not pull back in the next 12-36 months even when you factor in demand growth there will likely be a surplus of lithium to service the market in the next 1-3 years.

My point therefore is that if LRS does not progress greatly in the next year and continues to coast as they have for the last year, they will be left in the dust of everyone else that has already found and developed a resource in that time.

Not to mention that there are laws in Argentina surrounding consessions not being developed, if LRS continues to underperform and not develop their holdings, they will loose them.

The chaser,
I have answered that question multiple times. If you are really interested please read through my previous posts.