With 100% ownership of the Maricunga project, LPI is in the driver seat as a top takeover target.
Post-transaction market cap based on current price should be around A$240m.
Neo lithium buyout - C$960m or A$1.075b
Rincon Lithium buyout - US$825m or A$1.196b
With one for highest grade lithium resource in the world and most advanced in Chile, I see at least 2-3x (possible much more) from here. The majors will be more than willing to pay A$1b for the resource.
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- Ann: LPI TO CONSOLIDATE 100% OWNERSHIP OF MARICUNGA PROJECT
With 100% ownership of the Maricunga project, LPI is in the...
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