LPI Has the Best Pre-developed Lithium Resource on the Planet, page-278

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mick z

7,874 Posts.

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17/02/18

17:55

Post #: 31131034
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Originally posted by speedyl ↑

yep but you still haven't answered my question. If it is the best then why is its SP not the best? Just doesn't make sense to me and also if it is the best and they know all this then why does their presentation say and I quote "A decision as to whether to go into production will be made in Q2 2019". That's a long way away for a company that know that they have the best project and have supposedly proven it with a jorc to make a decision as to whether or not to even produce even you have to admit. I would still rather make a 1700% return (at current price) in a stock than a -25% return. In the end it is what the market thinks not what some jorc says. If the market liked the jorc better then LPI at the same rate as AGY should be trading at $7.48.

Yep AGY is down like the others but the difference is AGY is already putting in higher lows. Not the same on LPI if you look at the chart.

Look to be honest I hope both do well. I don't like seeing any person lose money. They are both taking different paths and there is nothing wrong with that. Some see a jorc as de-risking the project whereas others (like myself) see the actual pond construction and filling as de-risking it. Each to their own.

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Please ask your questions in point form, and i will do my best to them.

One of your questions has been answered, first line in your post above.

LPI Price at posting: 44.0¢ Sentiment: Buy Disclosure: Held
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