Nige456... i know the feeling we all r in the same boat... but just to break it up, global markets & asx is down 10 to 15%, with water lvl going down all companies are down... water lvl will come up but we have to wait it out, alternative is a substantial haircut which doesn't seem very smart!!
global commentary on lithium is pointing to a major shortage by 2022/25 and lithium prices are holding up strong around $14,000/t... so the key is how well can LPI board & mgmt navigate these choppy waters, they need to be very smart, next 3 months are critical for LPI - DFS, offtake/funding, Litio, preserve cash...... the smartest one on LPI board is Martin Borda (CEO & new commercial director yet to prove themselves) all others have proven to be useless...
some pointers from a BMI presentation, lithium supply is key risk
