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sonowimnear

23 Posts.

25/01/19

18:11

Post #: 37228629
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Originally posted by TheGekko: ↑

Sono, you are dead right the DFS is a massive milestone in terms of the project's prospects and development. I was writing more in the context of the DFS's impact on the market price, given the current share market and lithium sector environment. I didn't think it would set the market on fire, despite its impressive quality and content.

I was in a rush this morning and could have explained matters better. When I was talking about resources investment, I was attempting to describe the enormous importance placed on due diligence by resources investment stakeholders, whether they be project/project equity/company acquirers, financiers and off-takers involving both greenfield and brownfield projects.

LPI/MSB have done all LPI shareholders a massive favour by contracting WorleyParsons because they are top shelf and those undertaking due diligence on the Maricunga project will know that what they read is credible, unlike some of the stuff served up by charletan resources sector organisations in recent years.

I will reaffirm my enthusiasm for this project has not waned whatsover.

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Thanks Gekko
Always appreciated, let's all get back to supporting and less negative unnecessary chat!
It's been a rocky road for all us investors and most def a lot of pain, but lets get back to Project basics.......this isn't tomorrows Lotto win guys!!

LPI Price at posting: 23.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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Thanks GekkoAlways appreciated, let's all get back to supporting...

Top Stories

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

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

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

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

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