Need to pump the brakes Just. The project NPV is a better metric to guage future value. Our NPV was just over US$2 billion for 25k per annum - and there was plenty of fat in those PEA cost calcs. Imagine what it would be at 35k per annum?
The great thing about the Maricunga resource is that it is rich and deep and not spread over hundreds of square kilometres ie Galaxy's Sal de Vida and Energi/ADY's Rincon. We will be at the bottom of the lithium brine cost curve which is a massive deal. LPI/MSB does not need to scurry to attract investors/offtakers as our project will be a magnet for those seeking a long-term, economically secure, reliable supply of lithium for many, many years. It is the premier developing lithium brine project anywhere on good old planet earth.
It is only a matter of time.
LPI Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
