LPD 0.00% 0.3¢ lepidico ltd

nice levelheaded post @mechanicI am hoping the AD entity’s...

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    nice levelheaded post @mechanic

    I am hoping the AD entity’s (government or other multinational Strategic Partner) is revealed by the end of March.

    I think we are pretty close at this stage.

    Wording of the quarterly sounds more confirmatory than past statements.

    As page one states Development & Finance:- DD undertaking by multiple State Owned Enterprises and multinational corporation Strategic investments.
    Coupled with site visits by multiple organisations …!
    Preferred finance structure includes direct investment in Lepidico Chemicals Manufacturing coupled with prepayment for lithium hydroxide supply, debt and technology licensing; project funding commitments sought for this quarter.

    IMO sounds like we are in the confirmatory stage of the game.

    Just my POV not financial advice.
    Although sp entry here is a lot lower than my buyin price, and the project has been derisked further the further we go into the future.

    Also note spod pricing has an upward trajectory from the base of support built over the last few months.
    IMO the bottom is in and we are on the turnaround, seeing majors get back some of the gains lost over the last 4mths only strengthening the thesis of lithium rising off the bottom.

    As the melt up continues in the US will only bolster lithium support levels IMO.

    LT-B1

    all the best Lepidicans.
    Last edited by Learning_2B1: 29/02/24
 
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