Yep, why do you think the market cap is half that of AGY? Investing is about identifying stocks with the most growth potential. 298 million shares on issue, as opposed to over one billion, a cap under $100 million, The time to invest is NOW.
LPI’s Maricunga assets are now widely regarded as one of the world’s most advanced lithium development projects. A Definitive Feasibility Study (DFS) undertaken by WorleyParsons was completed in 2019, demonstrating that the project would support production of 20,000 tonnes of lithium carbonate equivalent for 20 years. The study also showed a pre-tax net present value of $US1.032bn and an internal rate of return of 29.8% assuming a 50% debt/equity ratio. This would make LPI one of the world’s lowest cost lithium carbonate producers, with operating costs estimated at $US3,772 per tonne. A maiden ore reserve of 742,000 tonnes of lithium carbonate equivalent meets JORC and NI 43- 101 standards and would support a mine life exceeding 20 years.
l don’t need to wake up thanks chief.
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