The CEO May have been a good pick to push through the Environmental Approval, and possibly the Codelco negotiations (time will tell) but I don’t see him out doing anything of note. The SP is languishing because of lack of news and progress, but there is no plan to speak of. If there is a plan b or C, what is it?
I get that you can’t put the cart before the horse, but if companies want to lock up off take, sign a non binding sheet (like everyone else seems to) that outlines something commercial.
it take 1m shares to push the SP up and 100k shares to bring it down. Clearly something going on.
if Codelco are so important lay out the JV terms. This is a company owned by shareholders surely.
For all the beef that holders had about the previous CEO at least he was visible!
LPI Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
