There really isn't many advanced lithium brine projects left that had not been bought out by the Chinese. And LPI's Maricunga project is the highest grade of all. If we remain at around $100m market cap, we will be at a very high risk of being bought out even if the management didn't want to.
Either Mitsui signs a binding deal soon or the Chinese might make an offer?
Ann: LPI Investor Presentation JMM Broker Briefing 7 Oct 2021, page-25
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