LPI
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3.64% 26.5¢ lithium power international limited

Ann: Ceasing to be a substantial holder from MUFG, page-43

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  1. mick z
    5,943 Posts.
    lightbulb Created with Sketch. 27
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    09/02/19
    18:25
    Post #: 37386811
    Justy, the most important is having the funding and off-take sorted out before the EIA is permitted as we cant move forward with out it.

    Just because you sign a off-take and funding before DFS doesn't mean all things will stay the same.

    Meaning if we singed a off-take tomorrow at $16kt doesn't mean the off-taker will be paying $16kt in 2023, that is not going to happen ( with gold you can forward sell but not with lithium ) and this is the same for funding on borrowed money, the year now is 2019 they are not going to hold interest rates at today's price for four years.
    So there is no rush really, your only thinking about the sp at today's price, think longer term and every thing will fall into place.
    LPI Price at posting: 27.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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