What is a fair market value for LBSR now? 

These lows should be seen as buying opportunities for long term stakeholders; to buy low and net a lower average price per share PPS. Buy low, sell high  

The question now is what is a realistic PPS for LBSR given this early exploration stage with spotty information ? 

EG neighbor AZTEC minerals has a lower PPS than LBSR, yet has significant high value finds. The analogy is not perfect since both companies have very different share structures.