My pleasure
@RTFQ. Thank you for expressing. If my mental ramblings can assist any other holders to keep their resolve, stay the course and not let go of a good thing, I'd rather that than market machinations result in the large players acquiring ever more. Being long on a spec is not for the faint of heart, hey? If there's one thing I wish, it's that I'd reread company announcements thoroughly last year. So many of these details are not new. Why ever was I not going through the reports with a fine tooth comb when our share price was .007 and .008? I was just sort of waiting out the doldrums, ho hum. Silly me, seeing how committed and active our management have been, even through lockdowns globally.
Thanks to that line in our DFS about Karibib and Alvarroes being "the only Code compliant estimates for caesium, lithium and rubidium," it seems logical that management are not just going to let Alvarroes sit there. The more one reads our dense reports, the more comes to light. Like the sentence above about Phase 2 that I read probably a dozen times, there's another from our 4C I saw differently yesterday. Near the bottom of page 4, it says:
"Lithium supply discussions are now being prioritised with three consumers."
This sounds like, of the unquantified possible consumers, management have narrowed it down to 3. Given that Phase 1 is constrained by its size, it's limited in output. I would be happy to interpret this sentence to mean that LPD are in the driver's seat, that many want what we can provide, so our management are choosing who they wish to sign agreements with- for the most pleasing financial terms, for green ethos, for future possibilities, etc. Drumming my fingers as we sit tight and wait on further announcements.
In attempting to untangle what feels like a spiderweb of interconnectivity, there are a few other titbits to share- on Cornish Lithium, on BASF, on an intriguing new possibility perhaps through BASF, plus a couple of little things. As I get them onto the page, I'll be interested to hear others' opinions, which helps me make sense of it all. Btw something I didn't include yesterday re our imminent caesium and rubidium announcements, from page 5 of our last quarterly:
"During the quarter a specialist consultant was appointed to expand Lepidico’s reach to caesium andrubidium chemicals consumers. The Company is now in meaningful discussions with
four groups.Binding supply agreements are being targeted for next quarter."
(20min delay)