Good point well made Bayhunter, I wonder why that is?
Most likely as the hard work is already done for them, with the real offtakers hidden behind a firewall (Traxys) and commercial-in-confidence agreements. This would appease the DFC and particularly the caesium supply that I would hedge a solid bet is heading to the US Department of Defence.
Using a trading house for "back to back" contracts is interesting and likely tied to funding pre-payments. I see this move as a BMX style auction facility with limited bidders (US nexus) allowed in the room.
Joe was right (I strongly believe) in that being beholden to any headline OEM, Tesla for example, would not be in the best interests commercially for LPD in the long term. Great for SP sure but not revenue.
The more I think about the angles of this deal, the more I like it. But that's just my 2c... Have a good Chrissy everyone, 2022 is looking like a a fun ride for the ol' 'Pus.
Good point well made Bayhunter, I wonder why that is? Most...
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Last
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Change
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Mkt cap ! $30.55M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $46.03K | 15.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 3 | 531077 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.4¢ | 37946829 | 39 |
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| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last
0.4¢ |
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| 0.3¢ | 0.4¢ | 0.3¢ | 3398805 | ||
| Last updated 15.59pm 01/05/2024 ? | |||||
| LPD (ASX) Chart |