lpd share price, page-3915

I didn't give a reason for a longer time-line for 'off-take' agreements or contracts. Before any such event arises sample-bags of LiOH product has to be designed to the specifications of the end-user. These are very stringent conditions set by them, each would have specific criteria to be met, therefore to get the accuracy right, testing by LPD will prove to be time consuming.

All this will be based on the product produced from PP results from the LoH-Max trials (results yet to be released). Once that stage is completed LPD can then start work on the sample-bags for specific potential customers. They will examine these to ascertain they meet their required standards.

The whole process will take quite some time before we can know whether they are satisfied and prepared to deal.