A traders delight lol Those on the assume really need to read....

A traders delight lol

Those on the assume really need to read.

Actual fact: drilling hasn’t commenced! Two days over due! I’m not concerned and I’m sure CG will wants those results before heading to China.

Assumption: CR! On what grounds do you get that assumption? Funny way to go for a CR. From my experience they usually bomb you with a flurry of announcements and then drop a CR. I could be wrong though.

Again, let’s work on what we know and not what we presume.

If let’s say they completed the drilling and had good results and the results from the pilot plant came out good, then I might think a CR is possible.

But maybe and just maybe with good results on both and having what’s equivalent to 30000 square kilometres of both green and brown fields with proven historic lithium high grades LRS could get a JV or offtake instead of a CR.

Let’s stick to what we do know though and that’s what’s announced, try not to get caught up with past history because the world has changed a lot in the past 6 to 9 months in regards to lithium and what we may potentially have could be worth hanging onto for a while and see how it all unfolds.

And if you feel LRS is complete BS that’s fine and there’s plenty of other tickers that are actually moving and have better management right!

LRS have a lot of land and seems I’m not emotional when it comes to stocks and I’m starting to see where CG’s heading and it’s not a bad plan and probably the best plan considering LRS has little money, the concern should more be we hope they get a good deal and don’t sell themselves short because of a lack of funds to get that initial start and they have already kinda effed up with the CR’s cause the register is large and that makes it harder to run up and LRS would be trading much higher with the same news right now if the register was around a billion or less and the past history is also playing havoc on the hold side and people are quick to jump on a move. And trust is hard to earn and regaining trust is near on impossible, but if they make you a lot of money who really cares about the trust.

LRS is exploration and holders of concessions and I still think the plan is to lock up as much as possible, drill and get JORC’s as proof and sign off takes or lease to big companies for a nice cut. They may one day actually mine and it’ll be interesting to see where they end up.

If the lithium carbonate tech works on a commercial scale we’ll be laughing as well.

Again it’s a lot of ifs and hopes and that’s the nature of the beast. If the chips do fall into place and we have positive results this little hopes and dreams company she’ll become a solid company and with that comes a much higher SP.