Ann: Cash sale completed for Western Lithium Ltd, page-14

The management only needs to be capable of 1 thing, which is to negotiate and sell this company to the highest bidder.

It is so obvious this management is not going to build this project themselves, otherwise, they would have been busy hiring project managers, etc.

Obviously, LPI will be taken over by a major. The intriguing questions are who/when/how much?

I am hoping someone will offer $1.50 to $2,00 to acquire the whole company.

In addition, the current MC/share price is way too low for a project (fully permitted) with a $1.4B after-tax NPV.

To put my money where my mouth is, I topped up at 0.295 last Friday.




DYOR.