lpd share price, page-7558

Should of sold the lot when it went above 3.5c

This could be back to 1c fairly quickly...making it perfect timing for another CR

But I agree it could go up if they (in order of priority):

1. Receive a Musataha Agreement with Abu Dhabi Ports (ADP)
2. Secure favorable long term (5 years at least) offtake of all products
3. Secure favorable sulphuric acid long term supply
4. Secure debt funding for both UAE and Namibia plants
5. Complete power and water infrastructure in Namibia
6. Final Investment Decision (FID) by the BoD assuming the above is completed prior to this decision

Feasibility and business model is sooo complex and sensitive...no wonder they are heading down the license selling route but this route will just not sustain the market cap and it may create creditors (like Strategic Metallurgy Holdings Pty Ltd) to provide support services for these projects. This arrangement has not been clearly disclosed by management