Sono, you are dead right the DFS is a massive milestone in terms of the project's prospects and development. I was writing more in the context of the DFS's impact on the market price, given the current share market and lithium sector environment. I didn't think it would set the market on fire, despite its impressive quality and content.
I was in a rush this morning and could have explained matters better. When I was talking about resources investment, I was attempting to describe the enormous importance placed on due diligence by resources investment stakeholders, whether they be project/project equity/company acquirers, financiers and off-takers involving both greenfield and brownfield projects.
LPI/MSB have done all LPI shareholders a massive favour by contracting WorleyParsons because they are top shelf and those undertaking due diligence on the Maricunga project will know that what they read is credible, unlike some of the stuff served up by charletan resources sector organisations in recent years.
I will reaffirm my enthusiasm for this project has not waned whatsover.
LPI Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
