Mick, the overall financial metrics for the project are stunning and after a few days digesting all the material in the PEA and ASX release, I have come to the conclusion that LPI have undersold the PEA, leaving plenty of room for significant upside. I get the feeling it is a timing issue. I just hope LPI get their timing right on the whole thing as its seems to me that the EV revolution is gaining momentum. I am also invested in another company which has done the same thing, except it has explicitly stated that its recent PEA is a base case with plenty of upside.
LPI Price at posting:
55.0¢ Sentiment: Hold Disclosure: Held