LPI (ASX) Ann: UPDATED TEST RESULTS 99.9% LITHIUM CARBONATE PURITY

Originally posted by Super yacht: ↑

hi LT Investor,

thanks for your response and the bullet point details provided on LPI.

The SP high you mentioned of 0.445c which by my observations was hit during August 2019 hasn't been used in this spreadsheet for good reason, as it would be unfair to LPI's comparison to other lithium stocks that its referenced to or compared to. It would in essence drop you along way down the list.

I deliberately have chosen more recent and realistic highs that all lith companies have hit to allow for the damage (COVID) that has been inflicted on all lith stocks, that's why I make mention of previous spreadsheets and utilize terms like 'Subjective' and some 'Massaging of numbers' is required.

I get what you're saying and respect that you are very confident of going well beyond previous highs (and I don't doubt it), however, I want to be fair on this spreadsheet to ALL lith companies and not try and artificially paint them in a bad or better light than they deserve.

As time rolls on from covid I will bring into play some of the older highs that companies had previously hit.
For example, say PLS was $1.20 if I plugged that figure in rightfully PLS investors would be pissed, as it's now trading at only 26c, so the numbers have to be meaningful for the circumstances (covid) we investors in the lith sector (or any sector for that matter) otherwise it will be difficult to determine how each lith company is travelling in relation to its peers. The spreadsheet won't be perfect but it gives you a quick ref to how the Share price is performing against some of its peers and nothing more. Some companies here have had amazing returns from their covid lows!!!!!$$$$$

ps hopefully I haven't caused extra confusion with my rambling

enjoy the rest of your day LPI holders

SY

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44c hit back in August 2019 due to MOU news with Codelco.
44c hit again on 6th Feb 2020 due to EIA approved.

So imagine when JV with Codelco finalised? SP will definitely go beyond 44c and head to 65c.
any funding news will boost to $1.

People asking why JV has been delayed and I can assure this is due to Covid-19. Chile shutdown their country for couple of months and things start to improve. You lucky if you got in 15c-20c. I ran out of cash due to other commitments.