Don't think Thesi was there.. but yes, it was a very interesting exposure to what SM and LPD do.
We saw a brief presentation with Tom, then how the mini-plant was constructed, and how testing is performed with the awesomely clever Mark Urbani describing the steps, and answering all of our questions. I was impressed by the openness, and honesty of the guys, and their excitement around the process which they have a lot of confidence in now that it has proved itself at the smaller scale.
The by-products paying for the process, essentially, is a great thing. The fact they go to battery grade and high grade on most of the other outputs is also great. Whoever did the chemistry / process, knows their stuff.
I was not too surprised at Mark's depth of knowledge, as he is the manager for process tech for SM, and designed the plant. SM, as I understand it is a private company.
It is worth noting the top 20 holders of LPD.
I think LPD have something special, I'll just leave it at that for now...
AA DYOR. This is not investment advice.
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