Ann: Suspension from Quotation, page-24

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Bullrush007

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04/12/24

12:08

Post #: 76911015
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Originally posted by fnqricko: ↑

Yeah they will just continue to say they are still in negotiations and continue to extend the date by a greater and greater interval, don't expect any outcome on the sixth of December. LPD have been casting exaggerated potential outcomes for ages, this is just another porky along the way. Non Disclosure Clauses with potential customers have been one of the prime methods of deflection of the truth for along time.

It has now become painfully obvious they are completely stumped on how to raise finance at this point. credit raises have been done to death , no one wants to buy in on the technology apart from Cornish lithium. I think this is because they are uniquely placed in the UK and have other forms of recovery of Lithium in the pipeline as well.

I think if LPD trades again we will have a new managing director, and some reshuffling and replacement of the board. We can't get finance for the technology as we are presenting it at this time. If it doesn't work then there is no point pursuing it. Unfortunately it seems that it would be very difficult to bend the technology to some other form of manufacturing. The mine is not worth much. we basically own 80% of bugger all.

Joe will have to trade in his 911S/T Porsche for a beach buggy

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They had a facility with Acuity and they haven’t used it

Pretty poor integrity if they don’t use that if this goes under into administration then doca

LPD Price at posting: 0.2¢ Sentiment: None Disclosure: Not Held
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