Ann: Cash sale completed for Western Lithium Ltd, page-56

A take-over offer is imminent for a fully permitted Li project with a post-tax NPV of $1.4B( AU$2B) on stage 1 alone.

Not to mention that LPI's brine is among the best in the world. Its Li PPM is 953, in comparison, LKE's Kachi project only has 200 Li PPM, ASN has 124 Li PPM, Vulcan project has 181 Li PPM.

Higher Li PPM = Higher grade, which is why LPI doesn't new DLE to make the project economically viable.

Such high-quality brine means LPI will have very low OPEX to ensure this project will survive in the bad time and make huge profits in the good time.

It is now up to the management team to negotiate the best deal possible to sell this project.

Hopefully, they could seal a deal in a couple of months, as we have been patiently waiting for over a year now.