Good info mate.

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luke086

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14/01/22

22:04

Post #: 58880324
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Originally posted by FreedomInvest: ↑

What are you talking about? Funding and acquisitions are going towards DFS level projects with excellent metrics, IRR, NPV, OPEX, etc.

DFS should not be taken with a grain of salt, it should be taken as 80% accuracy. That is how banks fund projects. That is why getting to DFS level takes a lot of time, a lot of money, a lot of refining. That is factual, look at ORE, ALB, SQM, or any other miner. The majority of them required DFS to be completed before any funding was considered. Look at their historical announcements if you don’t believe me.

That is why LPI is light years ahead of all these hopefuls. The more they drill on the GLN properties the lower the grade gets. No one knows what cost of production is at AGY, and there is a unknown NPV for them as well because they have not explored their salar properly, that is why there are no financiers standing behind AGY.

It really does not matter. Look at the share registry of LPI in the last month. Big boys are coming in because they know the updated DFS will be spectacular. Volume and aggressive SP increase like this is usually followed by funding or takeover. Again look at E3 metals or PSC if you don’t believe me.

Hope you have a fair chunk allocated in LPI. I sure do. Thank goodness.

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Good info mate.

LPI Price at posting: 76.5¢ Sentiment: Buy Disclosure: Held
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