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3.64% 26.5¢ lithium power international limited

$3.2mil was for due diligence of Arg tenement!! Value of the...

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  1. justdoit7
    740 Posts.
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    31/01/19
    18:47
    Post #: 37287768
    $3.2mil was for due diligence of Arg tenement!! Value of the tenement is less than the cost of due diligence... its a rot, someone is making money or highly incompetent, well they have 17mil more to burn!! ...back in Sept 2018 cash flow report, mgmt did not mention anything about the estimated cost of due diligence... at this rate they will run out of money in 12 months!!     
    LPI Price at posting: 24.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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