The future demand for lithium wont be fullfilled by hard rock alone. And for the demand mostly for battery grade, the quality of the resource is paramount. With the highest grade, low impurity undeveloped deposit in the Americas and a no bullshit DFS from respected Worley Parsons. (More important now after Nemaskas underquoted mess) Any potential offtake partner doing their due diligence would hardly be looking at this project as junk. Should we secure finance soon, mid year or the end of 2019 when the EIA is expected to be approved, this project will be developed. Even the lithium industry experts have said they believe MSB will secure funding this year. All IMO. DYOR.
LPI Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held