LPD 0.00% 0.2¢ lepidico ltd

Ann: Ceasing to be a substantial holder from PWN, page-9

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  1. 1,104 Posts.
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    You're right 2Chance but EMH still went with roasting not LMAx. I believe the reason is that they did not have results from a large, continuous trial to support the costing and commercialisation claims.

    You might be interested in an email I got from Keith Coughlan ( MD EMH) mid 2016.

    "We are not considering SiLeach at all at this point in time.
    If they are able to demonstrate any real results with independent test work, and an application for the technology to treat our waste, we may consider.


    Kind regards
    Keith"


    LIT claims Sileach has significantly advanced since then and have already selected a contractor to build a large scale test plant this year. EMH wont be fully committed by then, so the plant which could also trial LMax might change Keith’s mind.
    So cooperation with LIT may still be the best way forward for LPD.
 
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