Imo if the company wants to go from “external lab producing a few test tubes of product” to “10’s of thousands of tpa” with US$500M+++ development costs,then they will have to give up a LOT to those taking that massive risk.
It might happen, and I hope it does, but sheesh lay off the ramping etc and stick with the facts and actual tangible progress.
Imo might be worth a gamble at sub 30c with the hope of a buyout by a Chilean producer who can actually deliver a viable project…. Even then it’d be 2026 before production starts imo.
Imo many under-researched shareholders think this is like building another iron ore mine or coal mine, pointing to the resource and largely ignoring what is actually critical - a proven scalable process; particularly in a sector that is severely starved of experience and expertise.
Imo
Dyor
LPI Price at posting:
47.5¢ Sentiment: None Disclosure: Not Held
