Bearing Lithium Corp BLILF

LPI a leading indicator?

[SmilingDog]

LPI trading up at 32% of its portion of Maricunga project NPV vs. BRZ at only 18% of its portion of the NPV. I think LPI definitely should be as we move closer to a JV with Codelco (by year end), which will be shortly followed by off-take and financing announcements. I think BRZ has some catching up to do near-term. A lot of upside here once those catalysts are announced.

[SmilingDog]

Just realized I used my worst case scenario sensitived NPVs above. For company provided base case NPVs, BRZ is only trading at 8% of its portion, while LPI is trading at 15%. 

[laporte]

Regardless what its trading at we will need to finalize the MOU with CODELCO to have any significant movement with BRZ.  In the last two years that is the only news release to have done so. 

[moorage]

Bearing ( BRZ.V ) and Lithium Power ( LPI.ASX ) are partners at the Maricunga lithium deposit (MSB ). Lithium Power has therefore already increased its share price by 60% in the last two weeks. Bearing has this 60% catch-up demand in a very short time. Bearing will also participate even more strongly in an Offtake Agreement, as its market capitalization is disproportionately lower than that of

[laporte]

Moorage, I certainly hope you are correct!

[SmilingDog]

Laporte - I agree agreement with Codelco is going to be the catalyst here. Management explicitly said in their annual report that they felt confident in a deal by the end of this year. I would hope they understand the importance of holding up their credibility to the market, and wouldn't say that without actually feeling very confident (well see). They also indicated that once the Codelco deal