AVZ,PLL require more than 500M capex to build their mine. $500M is an average cost for any major mine. Funding and offtakes going by stages and so CR along the way. Ignore some individuals in here, If you don't like the company then move on. If you taking a short position then good luck. People like Justy and Mick, not worth a cent. I can't see their posts but it seem they are using multiple accounts. I am so frustrated as Merrill Lynch seem to be the only active broker shorting LPI and somehow buying at the same time. If we have cannacord or Harleys back then I am sure they will fight back up to stop the short selling with small packages. Liquidity is the main issue for LPI at this stage. We are in the final development phase so giving up now is a silly to me when our financial can last for another 2 years to see lithium price picking up again.
LPI Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
