It’s def worth taking a minute to understand what this means for LPi shareholders, should Martin be able to pull off such a deal to execute the second point. It would essentially transform LPi from being just a producer of feed stock, to being able to capture more of the value chain / revenue associated with producing a higher quality product capable of being used directly in a Li battery. This is where the juicy margin is and would set LPi apart from other producers on the asx.
Iam not going to hold my breath as I could be waiting a while for such a deal to be executed, however if / when it does, make no mistake it will transform the company overnight.
LPI Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held