LPI
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0.00% 56.5¢ lithium power international limited

News: Video – Virtual site trip: Impressive drill results point towards significant resource..., page-5

  1. GUNSS
    236 Posts.
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    31/01/17
    13:18
    Post #: 22248971
    Impressive video. If LPI can deliver a PFS by 2h 2017, that would be incredible.

    How much will LPI pay in total for 50% of Maricunga? 16 M shares LPI + US$5.22 M cash + US$22 M cash = US$27.2 M cash + 16 M shares at what deemed price? 40c? A$ 6.4 M worth of shares

    US$27.2 M = A$36 M + A$ 6.4 M = A$ 42.4 M for 50%.

    Does that math work?
    LPI Price at posting: 28.5¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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