LPD 0.00% 0.3¢ lepidico ltd

Ann: Company Update, page-317

  1. 864 Posts.
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    The Cs prices you quote ($100/g - $140/g) may have come from the internet - spot market offer prices for small volumes from untested sources. It would be a miscalculation to simply multiply up those prices to determine a valid contract price for tonnes of Cs.
    It is as close to the truth as believing that a flying sky fairy can deliver you eternal life.

    LPD is predominately a lithium chemical company. The by-products are useful, and expected to contribute 38% of annual revenue. The definitive feasibility study (DFS) remains the reference document for pricing (and due to pricing opacity, it is also used by company analyst firm). I recommend you also use it, at least until a final investment decision (FID) is made.
 
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