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56.5¢ lithium power international limited

you are correct that this is what management has planned and...

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zdog13

743 Posts.

196

12/09/22

15:13

Post #: 63651454
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Originally posted by FreeflyerNZ ↑

So let me get this straight. By the end of 2022.

LPI will consolidate 100% ownership.
Formalize equity and debt with Mitsui who has been conducting due diligence for months now,
Update the project stages,
Finance the 600m USD, likely to be more, needed for construction,
Start construction by year end.

All whilst going through the demerger of WA assets..

seems likely for a company who has constantly missed timelines.

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you are correct that this is what management has planned and what shareholders have been told. However- if you have been a long term holder you will have multiple examples where management have not met their communicated commitments.

so believe it when you see it is my only advice.

LPI Price at posting: 67.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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