LPI 0.00% 56.5¢ lithium power international limited

Ann: LPI RECEIVES PAYMENT FOR SALE OF CENTENARIO, page-3

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    From the MQR announcement:

    The Centenario transaction with Vertex releases the Company from future annual exploration spending
    obligations set under Argentinean regulations. It also removes the cost of holding the asset in a foreign
    jurisdiction in which the Company or its JV Partner Lithium Power International Ltd (ASX:LPI) had no
    plans to conduct future exploration on.



    This makes sense. Get some cash out of it rather than be forced to sink more costs on exploration.

 
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