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Originally posted by Shake It:
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Now the dust has settled on the salt flat and long term holders have had the time to reflect, may I reiterate what for me is the main learning. From day one as an investor in LPI (7 years ago) this was a lifestyle business for David Hannon. All the promises cost him nothing, while our capital underwrote his Noosa beachside life. His co directors milked us for all we were worth. No downside for them, always dangling the carrot of an upsid4 for us. I won't be investing in such a small cap with spin merchants at the helm again.
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These people perhaps will take a Facility manager position at CODELCO, ALB, SQM or POSCO....
