LPD 0.00% 0.3¢ lepidico ltd

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    I did already say the best thing to have would be an offtake agreement, because, and we agree here, that is a customer pre purchasing product. We have the next best thing, potential customers expressing public interest in our product. Now those potential customers are receiving samples, an offtake is realistically on the cards (apologies for leaving out potential, im sure everyone was very confused about what I meant without your pedantic corrections). In fact, We know it's in the cards because the announcement I linked early directly states that BASF are working towards a definitive offtake agreement with us. That HUGE for a company at this stage. To have the largest chemical manufacture in the world express interest and move towards pre-purchasing our product before we even have a commercial plant!

    you will note a lot of MOUs are also non binding, including our previous one.

    it doesn't matter which year, my statement was we have a potential customer for a years supply. That's the sentence you took issue with but haven't said anything which refutes that.

    How would we have customers for hydroxide when nobody has received samples yet!? That's a moronic thing to expect and say. Nobody is going to have a binding MOU for a product they can't see or test. They wouldn't even know what they are buying. They just got their first real glimpse with our results the other day. The implication of what your saying is the company is failing to garner customer support, but in reality all the signs of support are there, and customers can only realistically be expected after sampling the product. You should be evaluating the company on the stage its at, not by repeatedly pointing to the future and saying you're not there yet. We know, but criticise the company on its current performance, not by unrealistic standards. And customers prior to samples, is unrealistic and a silly thing to criticise.

    signing off for now
 
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