Dear All

Unfortunately, I have to admit that the SP price on Lac is at a level I never saw coming. Still, and only time have I had so much patience, perhaps bordering on stupidity. Still, I just see a company hitting something that I see a future in. All the superlertives I will not mention, but why is it still falling? One consolation for me is that one could have been even worse off with other investments. I have an average of USD 17, and have been down to 14 and up to 41, bought the big position at 22, and supplemented all the way down because I believed in the case.

Conclusion: do not think that at the moment there are quite a lot of new investors coming because there is a general crisis and it is affecting companies without income. Well, I have summer vacation, but could not help but comment on the current b ..... situation.

Good luck, we'll probably get back terribly