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56.5¢ lithium power international limited

Ann: LPI & Codelco enter into binding scheme implementation deed, page-84

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rendog9

1,408 Posts.

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18/10/23

11:08

Post #: 70401856
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Originally posted by TheGekko: ↑

Well, I am going to take it on the chin and deserve ridicule for trusting the public assurances given by the LPI CEO and Board over several years. In short, this is a betrayal and a disaster. It contradicts what we have been told over the years in terms of optimizing a return to shareholders and conducting negotiations based on project NPV. It is an insult in so many ways and comes at a massive opportunity cost to long term holders. Considering the money spent on the project and the cash in the LPI bank, this is a giveaway. My opinion of the LPI Board and management has been misguided.

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Not as big as the insults you dished out.. apology accepted though

Use it as a lesson to temper your behaviour on your next big "sure thing" hold

regards
Einstein

LPI Price at posting: 54.0¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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