Another option... does LPI really need a full time ceo before DFS? For the next 8 to 12 months till MSB jv completes DFS why can't one of the founder board of directors or the chairman become executive chairman or exec director? This could save considerable cost to LPI, we have $24 mil in the bank but need to preserve as much as possible in these uncertain times.
LPI is focused on maricunga project, and rightly so! the JV has its own local Chilean ceo in Mr Cristobal plus bearing also has ex Li3 ceo Mr Luis Saenz ( local) looking after maricunga Jv as south america head for bearing... besides LPI is not really developing, atleast as of now, any other tenements... i think the chairman should take on the role of executive Chair and save cost of a new ceo... being the largest (50%) owner of the JV he can exercise reasonable control over Mr Cristobal and push him harder for getting what he wants for LPI shareholders.. IMO only..!!
LPI Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held
