Liberty Star Uranium and Metals Corp (LBSR)

[WillyburgD]

We are looking for $100m to fund 4+ years. Not a small financing package. These things take time. Especially in an environment where most majors are aggressively cutting back on capex intensive projects in order to shore up balance sheets. It could be a while. There is a limit as to what an explorer can accomplish, no matter how good the exploration work. IMO, our best hope is Chinese investment, which seems eager to get capital out of the country in order to acquire commodities.

Look, if explorers left and right were getting funding on reasonable terms and we were just sitting here like "turds" then shareholders would be right to complain. But that is not the context.