There are big buyers lurking at the 40c mark.
GSC with a similar salar clay project has a market cap of $85M but with only one project and hardly any cash.
LPI has this Chilean project and other multiple high quality projects in particular to the Greenbushes project has a market cap of ~$41M with lots of cash in the bank. Tiny enterprise valuation of ~$32M
Go figure. I expect momentum should continue tomorrow.
Add to My Watchlist
What is My Watchlist?