What does it matter? This is an exploration company, not a mining company. Their value is intrinsic... it is in the ground. The value of that land appreciates as the nearby area's move towards production.
The claims were purchased in an area that is previously well known to produce the highest grade uranium ore in the world. It was shut down years ago because of protestors feeling that nuclear energy was not the way to go. Things are rapidly changing.
Karen Wrenwich helped with the Arizona projects. She served on the LBSR board and I believe she still does to this day. Read about her:
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