Two new substantial INSTITUTIONAL investors announced during the week and one of them is a globally renowned.
Mitsubishi UFJ Financial Group (MUFJ) is the 5th largest bank in the world by assets (US$2.5 trillion) and the world's second largest bank holding company. MUFJ was also the world's largest funding source for renewable energy investment in 2017. Most importantly, we now have a potential project financier on the books.
LPI is going from strength to strength.
I dont expect much of a kick from the DFS next month. The outcome of commercial negotiations in 2019 will be the catalyst for a significant rerate of LPI.
Patience required. Onwards and upwards. Have a good weekend.
