it's not management we're waiting on. It's a decision by the Supreme Court in relation to Codelco's ridiculous claim over the whole of Maricunga. It's a state sanctioned scam to delay, raise doubts and uncertainty about LPI. It's a ridiculous claim because it is trying to overturn legal approvals already given to LPI based on the grand-fathered tenements it holds. The Chileans aren't playing nice. And this isn't the first time that Codelco (read Chilean Govt) has pulled a stunt like this. The decision should be out any day now. It's already overdue but I guess the Chileans would be in no hurry to release that decision if it goes against Codelco. Maybe they meant 30 work days from 6 January?
LPI Price at posting:
42.8¢ Sentiment: Hold Disclosure: Held