LPI 3.64% 26.5¢ lithium power international limited

Brokers Report, page-95

  1. 2 Posts.
    24.5c...  This was the share price in December 2016 and again June 2017 - both times we experienced sharp share price increases within a few months.  In December 2016 drill hole results came out, that indicated the Maricunga's potential and in June 2017 the PFS was released.


    What will be the catalyst this time?  DFS, nope, not its own at least.  We need more than the DFS, we need the TOA.  The DFS will give us bargaining power for a better deal with our potential partner(s).  No point in any marketing initiatives prior to DFS release. 

    I know we are beaten down, I am for sure.  I have over $100k in this.  But the one question I always ask myself is; will the Maricunga get mined?  The answer is a definitive YES - the metrics are the best pre-developed Li brine project in the world, size, quality and super low impurities (impurities is where most Li hopefuls fail - like our cousin across the border).

    So hang on for the ride! 


 
watchlist Created with Sketch. Add LPI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.