LPD 0.00% 0.3¢ lepidico ltd

Ann: Caesium product development expands offtake options, page-64

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  1. 4,314 Posts.
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    Easy they are listed mining stock. If they aren't generating enough revenue or profit how do they keep operating and paying themselves? Sure you can say if theres an offtake agreement that will pay for this or that.. but they don't have that yet...it is just suggested they are in discussions about the terms of possible offtakes..read the anns! .. depends on samples and this and that.... this in my opinion is to wet your lips so that when the CR drops you guys are excited by the future prospects! Until an offtake is signed and the terms dictate how the facilities are going to financed you got to ask how does this company stay financial? It might have 12 m at their disposal but that doesnt mean they will spend it!

    So I say CR is coming and I bet a MOU ann or something similar will drop.. this is not financial advice this is just opinion..
 
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