$6.5m in the bank - if we go full out with exploration drilling at Greenbushes and further development of the world class asset at Maricunga then we should have enough money for the next 8 quarters. Though binding finance should happen in 1-2 quarters with the conglomerate Mitsui & Co that has multi billion JV's with RioTinto and BHP.
Really bright days ahead for LPI
LPI Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
$6.5m in the bank - if we go full out with exploration drilling at Greenbushes and further development of the world class asset at Maricunga then we should have enough money for the next 8 quarters. Though binding finance should happen in 1-2 quarters with the conglomerate Mitsui & Co that has multi billion JV's with RioTinto and BHP.
