- The resource update from september nearly doubles the resource, from 1,020,000 tonnes to 1,905,000 tonnes. - Opex 2019 was $ 3,772 per tonne. This was very low in 2019. They expect better results in 2022. - Lithium price 2019 was $ 14,400 per tonne. Actually we are above $ 30,000 per tonne.
So we have nearly double resource, more than double lithium pricing and lower Opex! This is a no brainer in my opinion.
LPI Price at posting:
47.5¢ Sentiment: Buy Disclosure: Held