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Originally posted by TheGekko
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Macroeconomic and broader market factors are the biggest risk to the LPI share price going forward. The Maricunga project fundamentals are second to none and provide it with a significant advantage in attracting project finance. Dont be surprised to see some future market wobbles over the short to medium term and for them to have a consequential impact on the LPI share price. However, I see LPI coming through any market uncertainty and /or correction (if there is any) to realise a very positive financial outcome for shareholders.
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thanks for sharing a sense of timing guys.. unfortunately it doesn't agree with my view of timeline hence i'll be selling most of my shares if it doesn't show any green-shoots in the next 6 months.. it has a great maricunga asset but till now the mgmt/sp has not shown any spark unlike its peers besides in my view resource quality no matter how good is only one of the twenty variables needed to be successful... almost 3 years (by Dec) is long enough to ascertain if it can rise above others or is just another start-up drifter!!
