LPI 3.64% 26.5¢ lithium power international limited

Ann: Annual Report to shareholders, page-75

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  1. 2,126 Posts.
    lightbulb Created with Sketch. 38
    Hello whats going on here, I can't believe it, more buying occurring in LPI today.  Someone must have stuffed up somewhere.  Just joking fella's.
    On a serious note if LPI/MSB can get Lito sorted and some positive news is released about our Oz assets then we will get a massive re-rate as we are currently at fire sale prices.

    Just copied this from the Chairmans address in the Annual Report and its looks obvious that MSB is in talks with Codelco to do a deal.  Just wish they would hurry up and get it sorted and get this project on its way to full development.

    "We remain on schedule to submit the Definitive Feasibility Study in December 2018. In addition,
    we continue to work closely with the Chilean government in order to define the best structure to exploit
    our new coded tenements, (CEOL, a Presidential decree, et al) as contemplated in the Chilean Constitution.
    Our common goal in these discussions is to generate the maximum value for the Company and its
    shareholders as well as the people of Chile. Various options are presently being explored and we remain
    confident that the ultimate contract will benefit all parties."
    Last edited by kitehigh: 08/10/18
 
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