General Discussion, page-1000

First 1000 Last

Share
Profile

Follow
mervco54

663 Posts.

52

19/06/24

08:16

Post #: 74380916
Share

Originally posted by Apuesta: ↑

I wrote an E-Mail to Joe and ask him for an Update....this is what he wrote back to me:

Hi Marco,

Thank you for your email.

As per public statements third party due diligence continues under the Jefferies strategic partner process and we also have ongoing constructive engagement for partnering/finance with the public sector. All associated discussions and negotiations are bound by confidentiality. Yes, I understand how the lack of visibility on these processes is frustrating but it is the same for all businesses at this stage of project development.

What we can say, is that the strategic partner process with Jefferies is being broadened to again consider Chinese offtake and partial funding for the development of the Karibib part of the project to initially produce just a concentrate – see recent quarterly reports. US policy has become clearer since the beginning of the year for this and it is evident that DFC funding can still be secured with offtake going to China, as the US recognises that some supply chains such as lithium will continue to rely on China for many years to come. We just need to be cognisant of the US position on Foreign Entity Of Concern (FEOC).

As outlined in the prospectus, with further cost cutting measures that have been implemented Lepidico is forecast to have cash into CY2025. We also have the ability to place the shortfall under the prospectus until early August. The market is currently under pressure till month end due to tax loss selling, which should then abate. Placing the shortfall would provide cash through most of CY2025.

We will update the market as and when finance milestones are reached.

Your support as a shareholder is greatly appreciated and I can assure you that management is committed to the Phase 1 Project becoming a reality.

Kind regards,

Joe

Joe Walsh

Managing Director

Lepidico Ltd

Expand

so in other words
(NOTHING IS HAPPANING)
just saying

LPD Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

SPR

Dalgaranga gold play's increase in MRE a 'pivotal moment' for Spartan

ITM

iTech Minerals flags high-grade rockchip finds, boasting one sample at +18% copper. What lies underground remains to be seen

ARU

Arafura updates on total US$1B funding as export banks and lenders take notice; heading toward FID for Nolans

EMV

EMVision Medical successfully fabs first prototype of First Responder brain scan device – portable enough for a backpack

DTM

Dart on-target for high-grade structures and multiple reefs at VIC's Ruthworth

There are more pages in this discussion • 70 more messages in this thread...

First 1000 Last

Add LPD (ASX) to my watchlist

(20min delay)
Last 0.3¢		Change -0.001(16.7%)		Mkt cap ! $21.47M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.3¢	$1.043K	348.2K

Buyers (Bids)

No.	Vol.	Price($)
153	132296099	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	60828794	48

View Market Depth

No.	Vol.	Price($)
153	132296099	0.002
46	179739251	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	60828794	48
0.004	34682315	38
0.005	11136545	11
0.006	8096154	14
0.007	4963896	6

Last trade - 10.21am 23/07/2024 (20 minute delay)

LPD (ASX) Chart

General Discussion, page-1000

Dalgaranga gold play's increase in MRE a 'pivotal moment' for Spartan

iTech Minerals flags high-grade rockchip finds, boasting one sample at +18% copper. What lies underground remains to be seen

Arafura updates on total US$1B funding as export banks and lenders take notice; heading toward FID for Nolans

EMVision Medical successfully fabs first prototype of First Responder brain scan device – portable enough for a backpack

Dart on-target for high-grade structures and multiple reefs at VIC's Ruthworth

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

General Discussion, page-1000

Top Stories

Dalgaranga gold play's increase in MRE a 'pivotal moment' for Spartan

iTech Minerals flags high-grade rockchip finds, boasting one sample at +18% copper. What lies underground remains to be seen

Arafura updates on total US$1B funding as export banks and lenders take notice; heading toward FID for Nolans

EMVision Medical successfully fabs first prototype of First Responder brain scan device – portable enough for a backpack

Dart on-target for high-grade structures and multiple reefs at VIC's Ruthworth

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News