Australia's largest stock trading and investment forum Australia's #1 stock forum

LPI

Click for more information

3.64%

26.5¢ lithium power international limited

Ann: Ceasing to be a substantial holder from MUFG, page-27

First 27 Last

Share
Profile

Follow
LT_Investor

1,742 Posts.

116

07/02/19

14:48

Post #: 37364357
Share

Originally posted by TheGekko: ↑

I set up and managed a data room for a major energy asset sale in the 1990s. There were over 30 interested parties, mostly foreign. The data room was open 12 hours a day, six days a week and on public holidays. It was supposed to be open for six weeks, but such was the interest and competition for the asset, it remained open for six months. The amount of due diligence undertaken by potential bidders was enormous. Don't hold your breath in regard to the LPI/MSB data room, as serious investors will be running the ruler over everything and seeking additional information until they are satisfied they are in a position to make a decision. Patience required.

Expand

I agree Gekko, I strongly believe having WorleyParsons to complete the DFS using the same model as SQM will fast track the time frame for potential investors to perform their financial due dillegience.

LPI Price at posting: 27.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

CXM

'Taking money from the market': Garbage giant cleans up as this week's Hot Stock tip

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

There are more pages in this discussion • 28 more messages in this thread...

First 27 Last

Add LPI (ASX) to my watchlist