Cryptic messaging from the company - in relation to a material development in the Maricunga project timetable and the associated capital raise requirements.
It doesn't make sense for the company to raise further funds at this point, unless a 'strategic partner' was coming on board. Even if this were the case, they are selling themselves short doing it pre resource upgrade and with the Argentinian asset sale negotiations still underway.
I wonder who will be on the ticket this time around??
LPI Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held
