LPD 0.00% 0.3¢ lepidico ltd

LPD Chart, page-225

  1. 763 Posts.
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    The way I see it is that this stock is a stock for the future. It is at the forefront of a technical revolution - the way energy is produced and stored. The technolical/industrial revolutions (c 18th, 19th century) were about coal and oil, amongst other things - all needed cheap accessible energy. The day of dirty sources of energy production is over.

    Here is the chance to take advantage clean power storage. Yes in a decade or more something else is likely to replace lithium. However, LPD it seems is going to be the first cab off the rank producing LCE from most forms of mica. Not exporting crushed rock to some foreign owned chemical plant or battery manufactuter, it will be selling lithium carbonate (LC) at premium prices, collecting royalties from companies using L-Max technology; and selling Licenses to those companies wish to convert their waste mica into LC.

    Honestly, I thing we loose sight of the big picture when wonder whether this gap or that gets filled in charting. Charts may be useful for short-term traders, and also raise some worrisome issues in volatile market behaviour.

    As I say to my Wife this is going to be one for the locked bottom drawer ! Be patient.
 
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