LPD 33.3% 0.2¢ lepidico ltd

lpd share price, page-9852

  1. 763 Posts.
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    No !! He's been saying that for several years. As the price gets stronger, as it has in the past, he jumps the fence and talks of the "number of bags" this stock will make for him. Emulation of Politicians, make sure they are never caught out, be on both sides of the fence. Check the occasions of end of 2016 & early 2017, end of 2018 & early 2019, and Jan 2021. He'll be here several years in the future, methinks going by his record.

    Usually, for rational investors, dissatisfied with an investment they will assess the opportunity cost of leaving money in a dead investment that doesn't meet with their expectations, move the capital onto an investment that is more fitting with their criteria - as @maxi1981 did (sadly, I say this).

    Still, regardless, today was a bright return to the GREEN. Now for the on-coming news releases - Karibib (however, Ive heard that the assay office turnarounds -- Advice from another company is: " ... Substantial delays on the receipt of analytical data from the analytical labs is being experienced with quoted delays of 8 to 10 weeks affecting the assay lab in Perth, Australia. " News of the FEED process, licensing/permits for Abu Dhabi, Finance (DFC et al), Offtakes; and much more.

    2022 promises to be a very good and at times exciting for all concerned. The tough years should be well behind us. Just take a look at those details @kellectric posted earlier today on the scarcity of rubidium: "US government estimated that "the world’s stockpiles of rubidium ore, excluding those in China, will be depleted by 2022." And as @Patmeate suggests, once that contact is set-up for sulphuric acid, and Abu Dhabi is a major source for that, we'll be moving down the track to production as the other pieces fall into place.

    All the new technology metals are all heading North, they are inelastic both is demand and supply. Demand is such that even as prices rise in these specialty metals their composition is such that their contribution to the EVs construction value is such a small percentage of the vehicles cost that the OEMs will pay the higher prices for these metals. On the supply side, the time and cost of getting a new mine or salar into production is in the order of at least 5 year for a Hard-Rock mine and at least 7 years for a salar; and also requires large chunks of capital to be invested. Moreover, as more and more projects are moving into the pipe-line the human resources, capital equipment, tooling, infrastructure is becoming scarcer and a lot more expensive to hire and buy.

    It all augers well for those currently in production or on the cusp of production as is LPD.

    IMHO, I believe this is a good place for me to be invested.

    Cheers
    @Naughtpatjoe
 
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0.2¢
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Mkt cap ! $17.17M
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0.3¢ 0.3¢ 0.2¢ $1.609K 619.6K

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162 193575101 0.2¢
 

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0.3¢ 94504703 52
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