LPD 0.00% 0.3¢ lepidico ltd

Ann: LOI with BASF extended to 31 December 2020, page-200

  1. 1,167 Posts.
    lightbulb Created with Sketch. 564
    Where do you keep pulling this 20 month figure from?
    They had an agreement with DLI not us. Cant say they didn't reach an agreement with us for hydroxide when we hadn't even announced development of a hydroxide process! Ludicrous to include the time with DLI as time they've spent trying to "figure out" an agreement with LPD!

    They renewed it with us for a year. That renewal is a standard length of time, not an indication of how long it takes to "figure out". It will be shorter than that, otherwise they'd put a longer date on it. Of course if they announced a shorter date you would question why and spell doom and gloom with that too. No pleasing you really...
    all you can really say is between may and now they haven't officially announced an offtake agreement. But given we havent even got hydroxide results yet thats really a given. What numpty would expect a formalised agreement with such a large company prior to trial results?

    we just got an option for 7m in funding and I know you read it, so idk why you insist there MUST be a CR, when you know that's not the case. Just dishonest mate
    Last edited by rayien: 29/12/19
 
watchlist Created with Sketch. Add LPD (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.