LPI 0.00% 56.5¢ lithium power international limited

LPI - The Next Lithium Producer in Chile, page-838

  1. 1,374 Posts.
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    Any sane person would question whether or not to hold on to LPI. You can have the greatest management team on the planet, but if you don't have a good resource, you will just be smoke and mirrors. And oh boy! Are there many of those out there in junior mining!


    LPI has the greatest (fully qualified & permitted) pre-production Li resource on the planet. Shovel ready, with Mitsui on the cusp of a binding deal. Those projects across the border still need to be defined and permitted in a hyperinflation country. What LPI lacks in marketing, communication and flamboyance it makes up in articulation and detail of critical due processes. Examples - DFS completed by world class Worley. Approved 11 500 page Environmental Impact Assessment, showing casing a carbon neutral project, with support of indigenous people of the Atacama (several mining projects were rejected at Maricunga due to the indigenous people of the area not supporting those entities).


    We all know the demand for Lithium will remain for the foreseeable future. Heck, even Elon wants in on Lithium mining.


    Two main questions I ask myself to stay sane with LPI:

    1. Will Maricunga get developed?

    2. Is there a future for Lithium?


    Both questions are an empathetic YES! Most juniors cant say that.

 
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Currently unlisted public company.

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