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2,561 Posts.
1670
06/07/22
09:44
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Crikey it is currently 11 to 1 for the LPI buy v sell side at the moment. No frigging sellers at all. I can fully understand why given:
- The Chile Government has revealed its true investment posture and is open for business
- The Chilean economy continues to remain robust and stable, UNLIKE the calamitous performance of its neighbours politically and economically.
- The stage 1 Maricunga project will utilise technologies which will produce a carbon-neutral operation and a 50% water saving
- Stage 2 potentially offers an even greater green dividend through DLE
- The stage 1 and 2 Maricunga project metrics are staggering in AUD terms
- LPI will own 100% of the Maricunga project with one of the smallest shares registers amongst its lithium industry peers
- LPI's Maricunga project will be near the bottom of the international lithium hard rock and brine cost curve
- LPI's Mariunga project is the HIGHEST GRADE lithium brine project on planet Earth
- There is potential to double the lithium resource at Maricunga through additional drilling
- External investor interest in Maricunga is so high it has required management by two globally-renowned investment houses
- The Maricunga project's ESG credentials are second to none and will no doubt be used as a template for future resources development in Chile
I could go on and on but you get the picture. LPI's Maricunga project is SPECIAL. There is NOTHING like it.
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