LPI 0.00% 56.5¢ lithium power international limited

No I'm correct. LPI are years away from production....

  1. 5,851 Posts.
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    No I'm correct. LPI are years away from production. It's not a mine, it's basically a chemical processing plant. There is currently nothing there but pumps and test ponds. They need to build more ponds. If you think it will be completed in 12 months you're sadly very mistaken.
    First of all they need funding to the tune of US 600 million according to Mr. Philips. (last interview 11 days ago)
    Just funding could be months away (if they get it), then appointing construction and purchasing means it will be another 12 months before is begins. The actual completion would be 2 years including commissioning. (commissioning takes a while, look at ORE, took them years to do BG lithium), so 2024-2025 at best. DYOR. To produce BG lithium is extremely difficult so far they only had it done in a lab, this is why AGY are so valuable. LPI have not yet proven they have the expertise to produce BG but I'm sure it will happen
    But facility Construction 2024-2025 at best
    Last edited by givemethecash: 12/12/22
 
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