Ann: Ceasing to be a substantial holder, page-32

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jackofalltrades

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09/11/18

09:46

Post #: 36443707
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Originally posted by TheGekko ↑

I have been away again and haven't been following the market, but I see someone is copping a verbal bashing in the school yard.

Time to take a chill pill guys. We are not living in the former Soviet Union. A person has a right to do want they want with assets they own. I know that at first glance Martin's sale is not a great look, but we dont know the circumstances behind the sale. Also remember Martin still holds more LPI stock than most of us put together.

Looking through a positive lens, the LPI share price has taken the offload in its stride. Also remember the person people are throwing rocks at, put us is an unenviable position among lithium hopefuls. Which large scale, super quality lthium brine project is as advanced as Maricunga? None, because for starters, there is no other project under development with the underlying fundamentals that Maricunga possesses, both on and off the salar.

LPI isn't farting around with a bitza resource praying it stumbles across some extra brine, producing a few tonnes here and a few tonnes there for no profit. LPI is steaming ahead, with construction of a very large, highly sophisticated, German engineered facility which will produce some of the lowest cost, highest quality BG LCE on planet Earth, just over 12 months away. Strewth, focus on the positives for goodness sake.

I am spewing I missed a brilliant buying opportunity over the last week, but am locked and loaded to take advantage of any further price weakness. Patience required and focus on the positives.

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I take it you mean he put us in an enviable position, no Freudian slip l assume from you Gekko.

Good post, we all have individual circumstances that others aren’t privy to, and MH is no different. I think however if the share price was 60 cents this wouldn’t have rankled shareholders half as much. Timing wasn’t ideal, but the margin call scenario posted by another seems the most plausible.

LPI Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
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Ann: Ceasing to be a substantial holder, page-32

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