It looks like Bloomberg jumped the gun with that article on ASX listed LPI and the 50c valuation. Their response today;
In relation to specific speculation stated in the Bloomberg Article, Lithium Power confirms the following:
•the price stated in the article in relation to a potential transaction with Codelco of "about 50 Australian cents per share" is incorrect;
•the discussions between Codelco and Lithium Power continue to remain incomplete and no terms for any potential transaction (including as to price) have yet been agreed; and
•there is no certainty that the discussions with Codelco will lead to the consummation of any potential transaction.
Price is up again today anyway to 44c.
It looks like Bloomberg jumped the gun with that article on ASX...
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