LPI 3.64% 26.5¢ lithium power international limited

LPI's true valuation, page-48

  1. 1,742 Posts.
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    Things to consider when you want to sell and I keep reiterate the same dot points again and again. 


    * DFS is due soon.  By end of Jan 19

    * Spent more than $30m up to date on the Maricunga project

    * Received the CCHEN approval last year for the old codes. 

    * Received water rights approval

    * Environmental Impact Assessment submitted Dec 18

    * Lab produced 99.9% lithium concentrate

    * Mining the old codes tenements alone is still economically viable.  

    * Fulin approached MSB last year for off take. 

    * MSB invited for partnership with Codelco last year but they withdrew. Likely to be invited to become the partner again hence they withdrew the court case. 

     

    * LPI has~$20m in the bank and other assets.

    Compared to other junior lithium players who has less cash but marketcap is higher.


    * Volume is so low that it can be easily manipulated by big players and bots.  Martin already done with his dumping and most of his shares were bought by a small fund in Singapore. 

    * Mitsubishi Management Fund also hold a large amount in this company. 

    * Gary Harvey is also one of the substantive holder. 

    * Mr Borda is the billionaire in Chile ,holding one of the biggest stakes and has a  non director seat.

    ...



 
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