LPI Has the Best Pre-developed Lithium Resource on the Planet, page-282

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mick z

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17/02/18

18:10

Post #: 31131169
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Originally posted by speedyl ↑

Ok so I see from your post you would rather have a jorc than make money...mmm interesting investment approach!

I see you quoted all the team but which one is the actual chemical engineer who will create the LCE and at what grade industrial or battery 99.5%. You didn't answer that question

Each to own as to which de-risks I guess. You see a systematic approach where some guy gives a jorc estimate 1st as being the best approach and maybe it is but I have been on other stocks that have done jorcs and then when they actually went for production they found the jorc to be incorrect. Personally I like the way AGY is trying a different approach and building the ponds 1st. Shows they have great confidence in the project and the fact that they already have the $$ for stage 2 and are currently looking into stage 3 shows even more confidence to me that the project will be very profitable. If LPI has such confidence in their approach then please explain why they are not even seeking permitting or even making a decision on whether to go to production until Q2 2019? Surely if the jorc proves everything they would go for it sooner?

Why was the delay in in 1st product from Dec 17? I see that someone has insider information (isn't that illegal??) and has posted on here that it will be out pre trading on Monday. What grade LCE is the market expecting from this announcement?

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"Why was the delay in in 1st product from Dec 17? I see that someone has insider information (isn't that illegal??) and has posted on here that it will be out pre trading on Monday. What grade LCE is the market expecting from this announcement?"

That was from the CEO from lpi on twitter and its NOT inside trading as we don't know the results do we?

LPI Price at posting: 44.0¢ Sentiment: Buy Disclosure: Held
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LPI Has the Best Pre-developed Lithium Resource on the Planet, page-282

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