Australia's largest stock trading and investment forum Australia's #1 stock forum

LPI

Click for more information

3.64%

26.5¢ lithium power international limited

LPI's true valuation, page-40

First 40 Last

Share
Profile

Follow
inside2020

293 Posts.

20

15/01/19

22:38

Post #: 37125602
Share

Originally posted by Cassandra: ↑

JP Morgan doesn’t say that Li will replace Cu in the Chilean economy, quite the contrary. It only says Li could be as important as wine, salmon or forestry:

... although lithium will not replace copper in the near future, it could provide a source of diversification for the Chilean economy, which is highly dependent on the red metal", said the firm in a report sent to clients.
In this context, the Bank highlighted expectations of government agencies, including Corfo, that this industry "has the potential to become a valuable subsector of the Chilean economy, reaching exports values close to the of the wine, salmon, or forestry industries.
"In this context, lithium has been gaining importance in the Chilean economy, considering that in 2010 the metal represented only 0.24% of the total Chilean exports, while in 2018 that number has increased to 1.26%".

Expand

"JP Morgan doesn’t say that Li will replace Cu in the Chilean economy, quite the contrary. It only says Li could be as important as wine"

Are you new to the stock market ?
Why are you quoting a jp morgan ?
They have no idea of anything.

.

LPI Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

HotCopper Highlights: Your most watched stocks for Week 47, 2024

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

There are more pages in this discussion • 50 more messages in this thread...

First 40 Last

Add LPI (ASX) to my watchlist