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56.5¢ lithium power international limited

General LPI Discussion, page-294

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951 Posts.

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01/09/23

05:59

Post #: 69677260
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Originally posted by thecrabpest: ↑

i have to disagree with you here.

funding could have been secured by now if Boric didn't butcher the announcement and actually had a considered lithium policy.

Instead there is speculation and uncertainty that's completely undermined they whole industry in Chile.

I said this before, my grave concern is the company sold the Australian assets in order to have the funds to wait out the current government and not have to do a dilutionary raise.

I get a clean and quick sale can be a good thing, but some sort of farm in or royalty deal would have been better.

Now there is no plan B, all of the eggs are in one basket and our hands are completely tied.

Nothing management can do, outside of giving part of the resource to the current government, will make things move quicker.

It's a horrible position to be in.

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I'm pleased to have eggs on one basket.
If I want more baskets I can buy another stock.
LPI must be focused on what matters, Maricunga.
Cleaner for an outright sales this way, option.

LPI Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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