"It's my opinion that JBs suppossed deal is fantasy."

I think that your fantasy is in believing that a major producer will at all have any serious dealings BG for Phase I drilling.  Where in his credentials that would invite such a thing?  Another explorer or a junior producer maybe, but I find it laughable that a tiny explorer such as LBSR would by itself approach any major producer for a partnership to drill an essentially blind target.  

Go ahead, convince me that I am wrong without using evidence from 20-years ago.