got in at 13c topped up at 20! LPI and ESS going offthanks Gekko...

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WesMantooth

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12/01/22

19:58

Post #: 58816077
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Originally posted by TheGekko: ↑

Frank, the Maricunga expenditure figure is now over US$67 million. This is the opening monologue on the Bearing Lithium website:

Bearing’s primary asset is a 17.14% interest in the Maricunga lithium project in Chile. The Maricunga project is the most advanced, high-grade undeveloped lithium salar in the Americas. Over US$67 million has been invested in the project to date.An acquiring company will have to pay a premium for the Maricunga project as LPI holds the only large tract of relatively flat, off-salar land for development purposes. Also, they would be acquiring the highest grade, undeveloped lithium brine resource on the planet; a carbon-neutral production plant designed to be the most efficient lithium brine processing plant on the planet; potentially, full production offtake arrangements for stages 1 and 2; and a strong, productive, working relationship with the local and indigenous communities. What more could you want in an ESG world?

Mate, taking a long-term perspective, even $2:00 a share is dirt cheap.

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got in at 13c topped up at 20! LPI and ESS going off

thanks Gekko for your input, always look out for you on these threads… crazy well researched and concise.

Nothing less than $2 sounds epic but all things go well where do we start to tap out (let’s say up to 24months ahead)? Realistic best case scenario.

LPI Price at posting: 58.5¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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got in at 13c topped up at 20! LPI and ESS going offthanks Gekko...

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Spartan sniffs 126g/t gold ahead of resource upgrades at WA's Dalgaranga

Mesoblast resubmits US FDA application for approval of Ryoncil in children with graft vs host disease; shares dip -4%

Orthocell shares jump on record revenues from sales of collagen bone repair devices globally

Scandium a priority metal for Sunrise as it plans feasibility update at Syerston

Patagonia looks to raise $2.15M for South American exploration and development

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