Neither @aurelex90 nor @sydneyguy seem to understand how a novel chemical manufacturing process is developed and implemented. They also don't appear to understand how chemical end products are qualified by prospective customers, including the provision of multiple samples, with customer and independent testing over a time period that is long enough to ensure product consistency.
Maybe it is impatient investors like them who are responsible for there being NO Australian lithium producers (despite Australia having the world's largest spodumene reserves).
If one wants to invest in companies who dig holes and fill ship holds to China with rocks, there are plenty of Australian mining companies to focus on.
If one wants to create a novel source of lithium, establishing a new global supply chain, then it takes research, testing and the development of a reliable and scalable chemical process.
If it was cheap, easy, and quick, others would be doing it.
Now the capital raise is closed, and given the unsatisfied demand for shares during the raise, I can understand how disappointed some must feel, and how good it would be to buy the stock at a cheaper price. Nevertheless, I recommend spending less time typing and more time reading the information already released by LPD about its history, progress and outlook.
Reading will be a better use of everyone's time, rather than making unresearched statements and asking questions that anyone with a cursory knowledge of mining, chemistry, chemical production, construction, engineering, international marketing, or finance has. It seems neither has knowledge in any of those fields.
Read, understand, learn.
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