In one sense, it doesn't matter.  Congratulations to BG for sustaining the share price around current levels.  Amazing! 

Other exploration-phase and discovery-phase miners I watch have lost 50+ percent recently.  Almost the whole of the mining sector is suffering blood in the streets, yet LBSR bounces around the 40-cent level.

Can it last without having a partner?  It can, I think, as long as these petty financings - avoided by others - can continue on somewhat similar terms. 

On a broader note, I believe the route in miners is overdone but is probably typical for a time like this when investors are confused about where to put money.  Bonds?  Dow futures?  Cryptos?  No!

Stagflation almost ensures a brighter future for miners compared to alternatives.