LPI 0.00% 56.5¢ lithium power international limited

Tortoise and the Hare

  1. 2,555 Posts.
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    There are a number of junior lithium explorers and other mineral resource companies putting pedal to the metal to fast track some preliminary form of development with the hope of convincing the market that they will be a potential big time producer - to cash in on the current rEVolution hype. Whereas, what I see with LPI is that it is dotting ALL the Is and crossing ALL the Ts. It is doing everything by the book in terms of a mineral resource development. Commissioning the highly regarded WorleyParsons to undertake the PFS is one such example. Having the Aussie Ambassador involved at an event in Chile during the week is another tick. It might frustrate some that LPI is being very thorough and seemingly slow with its approach, but all I can recommend is you read the story of the tortoise and the hare. I have invested in mining companies with second and third tier assets in the past, partly relying on hope and a prayer. LPI aint one of those companies.
 
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Currently unlisted public company.

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