I would not put it past management to have talked about a FID this year, binding off takes or equity stake this year etc - to then say all that is delayed we are going to work up a stage 2 DFS. I had not co soldered that possibility- but it could happen.
The CR explanation was woeful - it just smacks of shares for mates. Or maybe the promise to f supporting another company in the near future with CR - I don’t know like a spin off lithium company?
Tiny retail shareholders can’t evens move the dial - nothing we can do it say will make a scrap for of difference.
LPI Price at posting:
65.0¢ Sentiment: Buy Disclosure: Held