"May or may not even be necessary by then?"

One, I think any company with as many prospective targets as LBSR would need to develop as many possible funding sources as possible. Why put off for later what can, or could be done now?

Two, just because heavy money may soon visit Hay Mountain is no reason to assume that money from that souce will arrive at LBSR's bank any sooner that would that of some other possible partner, wouldn't you agree?

VP