Basically the directors want to cash in and make their millions and couldn't care less about shareholders!!!
All the lies over the last few years about construction to begin and being a lithium producer in the near future, plus the Mitsui deal, which was imminent.
They knew full well they were never going to do anything.
They then sell the Greenbushes assets for $30M and made a story about focusing on Chile and strengthening balance sheet.
Best interest of LPI shareholders....lol
Sell the Chilean asset for a bargain. Absolutely disgusting. So many holders held on, due to their lies, when they could have invested elsewhere!
The rich, just got alot richer......................
LPI Price at posting:
54.8¢ Sentiment: None Disclosure: Not Held
