Ann: LPD: Lepidico strategic alliance with Galaxy Resources, page-83

Thanks for posting the video maxi.
This will provide Gxy holders a good briefing on why they should be happy, and why Bacchus, and now AT and the GXY board decided to take a stake in the company. Truth is LPD has not been more compelling until recently when the lab test plant ran continuously/non-stop for 8 days producing 99.9% grade lithium. This grade commands a premium, indicative current market price of usd15,000 per annum. This is why even just one Phase 1 LMAx plant with production cap of 3,000 tonnes will easily justify a $500m mcap. The key is in the C1 costs of nil. The by-products will take care of the lithium production costs. The plant(S) will be located where the processing materials needed for the plant are abundant and the market for the by-products are easily accessible. Now, LPD's vision is to build plants in multiple locations, and upgrade to a full LMAx with a cap 20,000 tonnes p.a.. Run your calculators and see what that suggests. Remember, revenue=profit, that's the LMAx formula.