LPI is in a prime position to take advantage of lithium run 3.0; whenever that may come. The KDR & SQM deals are the first signs that this may be coming faster than we expect. The KDR/Tesla deal shows that early 2020's production is no problem for potential offtake partners with first shipment from KDR expected in 2021, very similar timing to LPI.
- Lowest cost quartile producer; very little risk regardless of Li price fluctuations. Further M&A activity in the industry may put stress on Li prices from which LPI is immune to.
- Pro business goverment slowly changing a long lived negative sentiment.
It has been a tough first few months to 2018 for all LPI holders but i am expecting a better 2H. GLAH.
LPI Price at posting:
32.0¢ Sentiment: Buy Disclosure: Held
