Yes, totally agree Frank. Mitsui has some of the best process engineers in the world with some of the biggest mining JV's out there - https://www.mitsui.com/au/en/group/1228703_9223.html - it is rare to get finance and offtake from the same partner, but it shows Mitsui's commitment and unwavering trust in LPI's Carbonate Maricunga project.
I think they will also lick their chops for Greenbushes as well. I mean we are a stone throw away from the biggest spodumene mine in the world. I have more cash coming in on Wednesday and I will be topping up at these prices. By far the most under valued player as far % of NPV is concerned. Even if LPI was 60c it would be heavily undervalued.
LPI Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
