Deduct LPIs cash from its market cap and now we understand the value the market is putting on MSB.
so crazy undervalued IMO.
Glad this is done as seems the faster path vs spin out.
Makes me think someone want to buy out, or take a large large equity stake LPI but only wants the Chile asset. Flicking off the Aussie asset enables this outcome.
News: LPI UPDATE 1-Australia's Lithium Power International to sell unit to Albemarle, page-5
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