@ktex7 ,
or to someone who follows the reports (erh which reports) or news more closely. Is this known here?
.. Lepidico says the Karibib Lithium Project site works will start in May this year, and mining operations are expected to begin in early 2025....
https://theextractormagazine.com/20...s-to-start-in-may-mining-expected-early-2025/
-Could it be that someone has offered LDP money? How does this work: 6.4.1 Underwriting Agreement
The Company has entered into an underwriting agreement (Underwriting Agreement) with Mahe Capital Pty Ltd, (Underwriter or Mahe) pursuant to which Mahe has agreed to underwrite the Offer up to a value of $2,000,000 (the Underwritten Amount)
-Is this new (page 41,ENTITLEMENT ISSUE PROSPECTUS):
6.1 Public Road Access (Namibia)
Lepidico Chemicals Namibia (Pty) Ltd (LCN) has filed a motion with the High Court in Namibia against Ombujomenge Close Corporation for hindering and/or restricting the access of the LCN to Public Road FR1965.
LCN needs to access the Public Road to be able to reach its exploration tenement and in order to undertake exploration work on a neighbouring property.
The respondents filed a notice of intention to oppose on 8 March 2024. At a hearing on 22 March 2024, the matter was postponed allowing the parties to exchange affidavits. LCN’s legal team anticipate receiving the respondent’s affidavits on or before 3 April 2024, at which time the matter will be listed for hearing.
Thanks,
L
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