$54m mc for an Australian lithium hardrock project that is about to put out its maiden MRE in 4-6 weeks time is ridiculously low. Similar to the runup to the 127m hole assay (eventually 94m upon assay), there will likely be a run up over the next few weeks leading to the maiden MRE announcement. The upcoming announcement is very important and is what will change LPM status to one of the few lithium projects on Australian soil that has JORC resource.
Ann: 94M of High-Grade Mineralisation confirmed at Lei, page-75
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