Management want MSB to merge with LPI. We will be solely LPI. This has been mentioned to Share holders a few times now but my current understanding is this is on the cards in the short term.
Management have informed they would like to go to production but like I mentioned there is HUGE interest for our Maricunga asset. Money talks and if a offer comes in they can't refuse then I believe they will go to share holders to vote. Its quite simple how I think this will play out. We either make a bunch of bags in the short term or LPI takes the route to production and share holders will reap even more reward. I can't see it playing out any other way.
I foresee we may see some updates on this matter soon.
Next few months are going to be huge for LPI.
IMHO
LPI Price at posting:
67.0¢ Sentiment: Buy Disclosure: Held