Lithium Power International - Edison Group

Overview
Price performance
Financials
Research
Thematics

Edison Investment Research is terminating coverage on Lithium Power International (LPI). Please note you should no longer rely on any previous research or estimates for this company. All forecasts should now be considered redundant.

Latest Insights

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Metals & Mining |
Flash note

22.06.23

Lithium Power International — Sale of Australian assets agreed

Metals & Mining |
Update

14.06.23

Lithium Power International — Lower risk, higher reward

Metals & Mining |
Update

08.02.23

Lithium Power International — Lithium price upgrade calls for higher valuation

Metals & Mining |
Flash note

21.11.22

Lithium Power International — Carbonate purity above industry standards

Mining Exploration_Lithium power

Sector

Metals & Mining

Balance Sheet

Forecast net cash (A$m)

13.9

Forecast gearing ratio (%)

N/A

Share Price Performance

Price Performance
%	1M	3M	12M
Actual	0.9	3.7	59.2
Relative	0.1	(4.9)	49.0
52 week high/low	A$0.6/A$0.2

Financials

Lithium Power International (LPI) has entered into a binding agreement to sell its 100%-owned Australian lithium tenements to Albemarle. This is an all-cash transaction that will see LPI receive A$29m on completion, which is expected in early July 2023. The company will use the proceeds to further advance its flagship Maricunga lithium project in Chile. The deal is positive in our view in that it allows LPI to significantly extend its cash runway without further diluting its shareholders.

Y/E Jun	Revenue (A$m)	EBITDA (A$m)	PBT (A$m)	EPS (c)	P/E (x)	P/CF (x)
2021A	0.0	N/A	(6.0)	(2.16)	N/A	N/A
2022A	0.0	N/A	(12.6)	(3.77)	N/A	N/A

Research

Metals & Mining

Initiation

Lithium Power International — Riding the lithium wave

Initiation

Metals & Mining

21.03.22

Lithium Power International — Riding the lithium wave

thematic

Consumer

05.10.22

IPO apocalypse

thematic

TMT

10.08.22

ESG, moving beyond the box tick

thematic

Metals & Mining

27.04.22

Five (more) things every investor should know about lithium and Lepidico

thematic

Metals & Mining

21.03.22

Decarbonisation – A potential opportunity for aluminium producers

thematic

Metals & Mining

13.12.21

The PGM markets – Outlook and price forecasts

thematic

Metals & Mining

16.05.19

Alliance Mineral Assets secures strategic investment from Galaxy and Jiangxi

thematic

Metals & Mining

24.04.19

Piedmont Lithium increases its mineral resource estimate by 21%

thematic

Metals & Mining

22.01.19

Gold stars and black holes

thematic

Metals & Mining

06.02.15

Mining sector report: Gold: The value of gold and other metals

thematic

Energy & Resources

04.03.14

ASX Spotlight Conference – London, 6 March 2014

thematic

Metals & Mining

26.02.14

Making a case for uranium: Life after Fukushima

thematic

Metals & Mining

28.01.14

Indaba special, 2014

thematic

Energy & Resources

01.03.13

ASX Small to Mid Caps Conference – London, 7 March 2013

thematic

Energy & Resources

28.02.13

Asia-Pacific resources quarterly: February 2013 edition

thematic

Metals & Mining

01.02.13

Indaba special, 2013

thematic

Metals & Mining

02.10.12

Edison mining quarterly: October 2012

thematic

Metals & Mining

14.09.12

Mining catalyst: China’s new stimulus

thematic

Energy & Resources

20.08.12

Asia-Pacific resources quarterly: August edition

thematic

Energy & Resources

10.05.12

Asia-Pacific resources quarterly

thematic

Metals & Mining

25.04.12

Edison mining quarterly: April 2012

thematic

Metals & Mining

16.12.11

Macro Outlook – Price weakness on the cards

thematic

Metals & Mining

07.10.11

Indium and gallium overview

thematic

Metals & Mining

13.06.11

Switzerland: Global Resources Investing Conference