Topped up today. Too good to miss this as we go into construction.
old DFS has project NPV at US$1.3b or about A$1.82b.
LPI's 51.5% stake in the project mean our share is A$937m based on old DFS.
Today, lithium carbonate price is at all time high and company is looking at minimum 30ktpa of battery grade lithium carbonate for both stage 1 and 2 compared to 20ktpa for old dfs.
Imagine the NPV for both stage 1 and stage 2. Our current market cap? Only $160m.
LPI Price at posting:
46.0¢ Sentiment: Buy Disclosure: Held
