LPI 3.64% 26.5¢ lithium power international limited

Fundamentals, page-179

  1. 108 Posts.
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    You've provided zero evidence and/or reasoning as to why production will be delayed by a further 2 years, can you please elaborate? The Chilean government has not proposed a new tax, the proposal was made by lawmakers from smaller parties and currently does not have the support of the government or major opposition parties (Source: https://m.nasdaq.com/article/chilea...a-tax-for-copper-lithium-mines-20180914-00540). Although the proposed royalty would actually be favourable for LPI, who have assumed a royalty of 7.5% in their PEA (proposed royalty is 3% and would only apply to companies producing more than 50000 tpa), the news is largely irrelevant due to the proposal being made by people with relatively little power to bring about said changes and without the backing of those who do possess the necessary powers. You've also accused management of 'down ramping' peers such as Orocobre due to the current issues at play within Argentina, in which I'm going to accuse you of being a liar. I will gladly retract that statement if your able to provide a source for your accusation. Bitter ex-holders are more than welcome to discuss the failures and shortcomings of the company and its management, but at least make the effort to share factual information, not these spite-fuelled imaginings you've concocted in your own head.
 
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