LPD 50.0% 0.3¢ lepidico ltd

Ann: Alvarroes Assays Confirm Lepidolite Extension, page-29

  1. vmp
    13,174 Posts.
    lightbulb Created with Sketch. 8924
    Hey 2c, it's mind boggling . However LPD has not provided an indication of costs for a full LMAx 20k tonne operation. They've only provided costs for phase 1, capex about 35-40m usd, for a 3,000 tonne. As there is no point stretching too much mentally, I'd just say a scenario, phase 1 generating $60m profits should reasonably mean $600m mcap which is 20x our current mcap. 1.5 cents x 20 gives us 30 cents, or 15 cents if our shares on issue doubled, or 10 cents if it tripled by the time we produce that volume.

    A link to Edison research is provided in LPD's website if you want to check. Edison research puts 2.96 cents which is based on their own assumptions, usually conservative. In short, it is anyone's guess, but if we succeed to production, it would be extremely rewarding, even at phase 1.
    Cheers
 
watchlist Created with Sketch. Add LPD (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.001(50.0%)
Mkt cap ! $25.76M
Open High Low Value Volume
0.2¢ 0.3¢ 0.2¢ $7.468K 3.561M

Buyers (Bids)

No. Vol. Price($)
168 195684971 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 118281350 55
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
LPD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.