I really don't think LPI is your cuppa tea Justy, LPI is along term hold, it has been well known that negotiations on funding and off-take would not come into the picture until after the DFS was released, it was released in January, it is March now, are you seriously saying they should of had off-take and funding sorted by now? lol
I don't think i said no funding/off-take needed until EIA, i'll put it another way then, as long as we have funding/of-take BEFORE the EIA is released then there is no rush, no reason to panic, construction is not starting until next year.
The data room we stay open for as long as it takes to get the best deal for the share holders, including YOU,
Here's a tip for you, if the funding and off-take was announced tomorrow the sp will rise... no doubting that but seeing as the EIA won't be released until the end of the year ...... the sp will be right back to where it is right now.
To me the EIA is the most important issue we have at the moment, without it we got nothing.
We have the WA assets coming into play this year along with Argentina, so there is plenty to look forward to this year, sit back ....... relax.... breath ..... and let it unfold.
Don't forget your cuppa tea.
LPI Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held