LPD 0.00% 0.2¢ lepidico ltd

LPD News December, page-8

  1. 2,237 Posts.
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    It's a good suggestion and I'd say that's why the team were already there. The PEG 09 earn-in that LPD was working on earlier in the year was with Pioneer at Sinclair.


    PEG 09 wasn't the main prospect, it was further to the south, and was dropped earlier in the year because it wasn't showing enough to pursue. Check out page 5 of the June Quarterly:


    June quarterly


    The stuff at the mine that is being built is all accounted for, I think. I remember reading that they had funding from a potential offtake partner to drill for lepidolite, which I doubt was LPD.


    There's a possibility that Sinclair is the mysterious source of the confidential feed that has been tested for amenability and will be used in the pilot plant.


    if Pioneer have been in discussions with others about selling their lepidolite, then it would make sense that they would want the collaboration with LPD to be confidential.


    So the short answer is it's possible, but not as obvious as it would have been if we were still earning into PEG 09.


    Cheers

 
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