It looks like Bloomberg jumped the gun with that article on ASX listed LPI and the 50c valuation. Their response today;
In relation to specific speculation stated in the Bloomberg Article, Lithium Power confirms the following:
•the price stated in the article in relation to a potential transaction with Codelco of "about 50 Australian cents per share" is incorrect;
•the discussions between Codelco and Lithium Power continue to remain incomplete and no terms for any potential transaction (including as to price) have yet been agreed; and
•there is no certainty that the discussions with Codelco will lead to the consummation of any potential transaction.
Price is up again today anyway to 44c.
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