I would back Gary Johnston and his team any day, he and his team...

I would back Gary Johnston and his team any day, he and his team at Strategic Metallurgy are the ones who developed L-Max, the recent PFS results show us steady but sure progress, and absolutely fantastic C1 costs of $0 after credits I might add.

Also, as Gary and Strategic Metallurgy hold among them 750m shares as a result of the Platypus acquisition of the original Lepidico (see PLP/LPD announcement dated 16 March, 2016), which is ~42% of LPD’s shares outstanding, and as Gary holds ~17% himself, I don’t see how LIT can complete the t/o successfully unless Gary/Strategic Metallurgy sell into the offer.

Personally I can’t see the merits of the transaction, but what it does tell me is that L-Max is attractive enough to make LIT want it, or is that ‘need it’.

The question is then, where are the L-max opportunities out there, by this I mean the hidden lithium in mica gems which can leverage off of the L-Max and other mica processing technologies, - there’s not many and those out there will be worth a fortune if $0/t LCE is real.

Who knows who these companies are, I can think of EMH.