"You don’t quote the highest, it’s average." Key word in your sentence of average. An average lithium concentration of 989mg/l one of the highest grade deposits in the world. We also have a completed EIA, complete with all operating permits. We have finance/offtake with world leading Mitsui - who will partner with us for DLE in stage 2. Complete DFS (not sure where the DFS is for other junior brine hopefuls). We will be Co2 Neutral. And I know you like a bargain @8horse as you are one of the better long-term investors on HotCopper, LPI is trading at 7% of NPV - by far the biggest bargain out there in the junior space. Easy 3-4 bagger in the short term. Take nothing away from GLN, but it's not at bargain prices like LPI You should come over.
"Regal Fund kept dumping, still left with about 13 million shares according to ASX announcement and broker data." What a pain they were! There was a manager that was sacked at Regal for unknown reasons, and they liquidated his entire position - this included LPI. Luckily this created a perfect buying opportunity for us average retail investors. More so, they have less than 1m shares left and by all accounts their selling is done. Also several Singaporean firms are acquiring in large numbers.
Perfect time to load up, the fundamentals are excellent. The T/A are indicating a massive breakout approaching.
LPI Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
You should come over.
