On the other hand, the whole junior mining sector is in vary bad shape. 30-50 percent will not survive this period, including producers. If we only looked at exploers, the numbers would be very dramatically worse.

However, "...in crisis there is opporninty", which is what I think will give LBSR leverage during this period.

http://www.mineweb.com/mineweb/content/en/mineweb-junior-mining?oid=209461&sn=Detail