MSB Maricunga valuation

Salar Maricunga valuation

LPI shares on issue: 349,000,000
Current share price: $0.46
Market Cap: $160,500,000
LPI cash balance (approximate): $15,000,000
LPI WA exploration assets (conservative estimate): $10,000,000
LPI Market Cap (less cash & WA assets): $135,540,000
LPI Maricunga MSB Ownership: 51.6%

Maricunga MSB valuation (100%): AUD $262,674,419 (USD $187,492,000)

It's remarkable to think the entire project (100%) is valued at only AUD$262m (USD $187m) with how advanced it is along with the significant near-term and company defining milestones due.

I was a seller of ORE at 50c and won't be making the same mistake here.

Cheers