LPI 0.00% 56.5¢ lithium power international limited

If this were true than the share price would be heading north....

  1. 321 Posts.
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    If this were true than the share price would be heading north. The reality you see or have been led to believe sadly isn't the one playing out. If what you say is true than investors would be loading up. Follow the cash they say and the cash is departing.

    I personally think this could go sub .20c because after years and years LPI still have zero:

    -Finance
    -Offtake agreement
    -On going legal disputes the company refuses to acknowledge.
    -No trust in management

    Construction is looking more and more unlikely to begin this calendar year. In my opinion no one wants to partner/ finance LPI in Chile, far too much risk. The company are being to simplistic when they say things like we are fully permitted for stage one, that may be true but the elephant in the room is stage 2 and that is as murky as ever. No one will commit us$700+ million without certainty of outright ownership of stage 2 and beyond.

    I sold yesterday, all out now.
    To all perspective buyers of LPI, be careful of the blatant ramping by some posters and be even more wary of management, they are economic with the truth.
 
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Currently unlisted public company.

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