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gitreal

09/14/20 3:40 PM

#170790 RE: MMAS #170788

Jeez....talking about a market cap in the hundreds of millions for a company without a discovery? Billions of LBSR shares out there, but share structure is not important?

newuser

09/14/20 3:48 PM

#170791 RE: MMAS #170788

Like I said, a $500 million valuation

is not likely just based on a JV deal and drills turning. If those results from drilling are great/good, then .10 is low.

Maybe we'll find out soon. I think the share structure will matter, not at this very minute, but cleaning it up will be important.

Back in 2010 we had 300 million or so outstanding.