The work LPI (and the MSB JV) have done on Maricunga is absolute top shelf. 389 page DFS by Worley Parsons is incredibly detailed with no stone left unturned. Then throw in an 11,400 page Environmental Imapact Assessment ticked off by the Chile government after a 2.5 year review. If any one lacks confidence in this management you should think a gain and read these documents. The updated DFS will be the same again top notch work and no doubt very compelling economics.
LPI Price at posting:
55.0¢ Sentiment: Buy Disclosure: Held