management have not hit a single deadline - not even ones they set themselves. Has they have spun out the WA it would have been a high in a positive market. Once again they show a complete lack of initiative and missed the market - this could have provided a chunk of change into LPI for mine development.
I’m picking we will hit the 30’s for sure. From $1 that is crazy - but the fundamentals of management are the same. Delay delay delay. Does the market smell a CR?
With respect to the constitution, we own the resource and land u der the old code. I understand that any constitutional changes have no impact for us at Present - the Litho tenaments are a different story - they will be impacted.
Don’t expect any movement or FID until the next year at the earliest. Let’s be honest - management are not busting a gut - would like to see their time sheets.
LPI Price at posting:
42.3¢ Sentiment: Buy Disclosure: Held
