Soarer, I dont think it would hurt to do some drilling in WA but any bounce would probably be short-lived unless they identifed something of significance. If they do announce a spin out of the non-Maricunga assets, its structure and potential return to LPI shareholders could give the LPI price a lift. I watched a 2016 video of Martin Holland talking about the WA assets, before they had Maricunga, and its sounds like they have some large tenement holdings with nearology that is impressive. I have not looked into the WA assets in any detail.
LPI Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
