With the consolidation coming up we have to remember the following metrics for LPI:
New SOI = 647.3m New MC = A$313.9m (100% ownership) Stage 1 - DFS NPV (pre-tax) = A$3.14B Trading at only 10% of its NPV (3x upside short term) Cash $26.5m Pending offtake/funding Strong takeover target with the above metrics
Remember LPI is ready for finance and construction & fully permitted
Tesla and Elon Musk will be going into Lithium mining:
Is Chile the most stable country in South America as far as business risk is concerned? You make up your own mind:
LPI is on the cusp of finance due to the reasons stated above. I am fully committed and invested and as always, this IMO and do your own research.
LPI Price at posting:
54.5¢ Sentiment: Buy Disclosure: Held
