Market demand for BG LCE and the price of it might ebb and flow over coming years but the demand trend will remain on the up. Not all BG LCE projects are going to make it. Only the cream will rise to the top and there is no doubt Maricunga is the most advanced and best quality lithium brine project development in Chile. Much of the wider market does know that, but they also know they have had time on their hands to committ funds due to a resource development with the usual lengthy project development cycle. However, time is quickly running out to purchase at current bargain-basement prices. 2019 will be a watershed year for this company as it will be all systems go. Patience required.
LPI Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held