Lots of good points not to sell LT, just one query though are...

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mick z

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16/01/19

17:20

Post #: 37134933
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Originally posted by LT_Investor ↑

Things to consider when you want to sell and I keep reiterate the same dot points again and again.

* DFS is due soon. By end of Jan 19
* Spent more than $30m up to date on the Maricunga project
* Received the CCHEN approval last year for the old codes.
* Received water rights approval
* Environmental Impact Assessment submitted Dec 18
* Lab produced 99.9% lithium concentrate
* Mining the old codes tenements alone is still economically viable.
* Fulin approached MSB last year for off take.
* MSB invited for partnership with Codelco last year but they withdrew. Likely to be invited to become the partner again hence they withdrew the court case.

* LPI has~$20m in the bank and other assets.
Compared to other junior lithium players who has less cash but marketcap is higher.

* Volume is so low that it can be easily manipulated by big players and bots. Martin already done with his dumping and most of his shares were bought by a small fund in Singapore.
* Mitsubishi Management Fund also hold a large amount in this company.
* Gary Harvey is also one of the substantive holder.
* Mr Borda is the billionaire in Chile ,holding one of the biggest stakes and has a non director seat.
...

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Lots of good points not to sell LT, just one query though are you sure the DFS is to come out in Jan and not the first quarter?

cheers

LPI Price at posting: 23.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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Lots of good points not to sell LT, just one query though are...

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