LPI 0.00% 56.5¢ lithium power international limited

Confession... First of all, I am sorry for saying negatives and...

  1. 1,877 Posts.
    Confession...

    First of all, I am sorry for saying negatives and positives yesterday.

    I was a day 1 member of LPI, I got in at 24c,
    I found this stock 3 month ago and waited for listing.

    I love the assets..
    1. Huge asset next PLS
    2. Huge asset next Greenbush
    3. Brine asset next to GXY in Argentine.
    4. $8M in the bank
    5. Great management team from higly experienced mining lithium industry
    6. Only 46M shares issued at 20c.

    But.. I sold at 29c when I found the great opportunity when RAP drop heavily due to UQ bonus profit taking.
    I moved my fund to RAP thingking buying back LPI very soon before any ann comes out.


    OMG... It happened too quickly..with huge news... not that I have never thought.

    Another huge project in Chile JV with local mining company.

    So.. I was desperate to say negative to buy back... my bad.

    Yes I got in at the close yesterday.

    Some people showed worrying about location of brine .. yes Chile.
    For business.. Argentine is better than Chile, however..

    LPI's JV partner is local Chile company.
    No need to worry about gov or poilitic issues.. they do support local mining companies for better economy.


    I was expecting rockchip sampling result soon from western Aus but didnt even imagine about Chile deal...
    Another flagship JV agreement for Chile brine... I had to buy back yesterday..

    Again.. sorry for the mess yesterday.

    Best of luck to you guys.
    Last edited by milk2china: 22/07/16
 
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