lpd share price, page-1341

Thanks mate.

The main driver I believe is the acid. The excess sulphuric acid in Sudbury is exported at the moment, so consuming it locally is better for everyone and is therefore cheaper.

The rationale for Ontario is laid out in the PFS:
https://www.asx.com.au/asxpdf/20170227/pdf/43gbth3styq3vd.pdf

At first they thought Kenora would be the place, but then they did a review and decided to go with Sudbury. You can read about that in these two quarterly reports:

https://www.asx.com.au/asxpdf/20170725/pdf/43kvb3c4s1stpn.pdf

https://www.asx.com.au/asxpdf/20180124/pdf/43r0blm9yvdqyb.pdf

There won't be a plant built in WA because of the acid requirement, as is discussed on page 7 of the December 17 quarterly.

So, yeah. Logistics and location have been a huge consideration for this to work, and 3 possible sites have been selected for P2 as well.

Happy to answer more questions if I can.

@sqe petalite isn't conducive to the process, but there is also lepidolite there, which is what the LOI covers.