I’ve read through every announcement they’ve put out since late 2016 and it is hard to figure out what concessions they have and don’t have and makes it a bit confusing as it’s not all laid out straight forward as time progresses.
I agree with you guys as well about the drilling! Seriously just let us know what is going on and what the hold ups are instead of using words such as imminent.
I’m very interested to see the quarterly report coming up lol and as always they’ll put out a report stating bla bla bla (translated, spent all the money and haven’t done s**t!) followed by a CR!!!!!!!
I’m not even sure why they’re spending money on a flow sheet when they don’t even know if they have any lithium worth mining or even if a tech they’re funding has proven commercial capacity to convert to carbonate.
Usually you’d secure some land, drill and get the results and if are good follow up with an advanced drill to define a JORC and then do a PFS which would also include the flow sheet for production and if it economically viable.
Then you could expect an offtake or partnership if you had good results.
You don’t need to go to business school to write down a management plan and work to a budget!!!!!!!
For F sake Chris please just drill already as there are no more options for CR’s and JV’s with ridiculous timeframe that really don’t help the share holder and I’m getting sick of seeing every other mining stock moving and LRS is dead in the water and it’s all because of really crappy management.
Rant out
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