I never had any hope for Chile to sort their crap out….I was always a short term holder due to the sovereign risk in Chile.
Lets face it, after consolidation it will be just above 400mil at the same Sp, one rally and it’s almost 1 billion. That’s overvalued for a project without funding or construction that is years away from production.
There are many stocks with multi bagger potential over the next year and from looking at LPI’s pipeline they are not one of them.
LPI Price at posting:
51.0¢ Sentiment: Sell Disclosure: Not Held