Hahaha. Thank you very much @poorserf- for the hearty laugh and your well wishes for my daughter's retirement. Whilst waiting on the ATO, I did realise that by the time she draws her super, I will be 96- haha, so by then she may not need to worry about her super balance. Still, the concessional tax rate is great and that she has decades to grow her employer's contributions by putting her $ to work as she chooses, e.g., in LPD shares.
This morning I rang the woman who set up my SMSF and she said it should be any day now, that she and her team have been ringing the ATO every day on behalf of multiple clients, as they are so behind. When we spoke a couple of weeks ago btw, she mentioned that she bought $50K of LPD in the low 3's, after hearing my explanation for why my super portfolio is somewhat overweight Lepidico. She's very happy.
@poorserf I agree that a get together one day would be great. @loisl1978 mentioned this too a few weekends ago. At the time, I thought perhaps around Cop28 in Abu Dhabi, when our plant nears completion? But I would also love to visit the purple hills of Karibib, the Okongava family farm and Otjimbingwe community. Then there's Cornwall, the P2P site in the US or closer to home, our AGM next year, although our many German holders would find other locations maybe easier to reach than Perth. It's certainly something to look forward to one day. _______________________________
Hi @rayien. Yes, good pick up. Gotta love the word "advanced," hey? That presentation was released only 4 days ago on 18 November, yet 6 days earlier, the Noosa Mining conference update mentions 4 customers for LiOH:
Rather than there being a new lithium hydroxide customer within the span of the fortnight between 12 November and our last quarterly's release on 27 October, the anomalies could be explained by:
a) 3 of the stated 4 lithium hydroxide customers being announced this quarter, with the 4th signed next year, this perhaps being our Tier One interest- after analysing the large pilot plant sample? (I'm not suggesting this is the case, am just trying to puzzle out the recent differences in customer numbers.) b) a single customer purchasing both LiOH and caesium, possibly such as BASF. Binding terms therefore being discussed with 3 "lithium chemical" customers and 6 "caesium chemical" customers would equal 8 customers total.
Whichever way it's sliced, it's all good!
LPD Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
(20min delay)