Imo what we have here is a still relatively unloved lithium stock (10k avg monthly views vs 130k+ Agy, Avz, Gxy, pls) with a globally significant asset; albeit not top top tier. Project logistics are comparably good and we have strong management with skin in the game running ship. Half our tenemants are under old mining code which means immediate exploitation and negation of any risk associated with government intervention. The election of pinera would restore any uncertainty in the political landscape and would make chile the attractive place to invest that it once was. Lpi have no rush to exploit the tenements under the new mining code, the others should be providing plenty of revenue for the company in the meantime come production. Great resource and plenty of upside left for lpi imo. Still heavily under the radar..
LPI Price at posting:
65.0¢ Sentiment: Buy Disclosure: Held
