LPD 16.7% 0.3¢ lepidico ltd

From our DFS 28/5/20 , was calculated on the following.Lithium...

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    From our DFS 28/5/20 , was calculated on the following.
    Lithium Hydroxide $13000 us per ton
    Caesium formate $38600 per ton
    Rubidium sulphate $13600 per ton
    SOP $540 per ton
    I have never had any doubt of the purity of Li Hydroxide/carbonate
    as it has been well documented.
    From announcement 30/6/ 20 " evaluations with two prospective
    customers for caesium and rubidium to determine the viability of
    producing alternative products to better meet their respective requirements."
    Seems like the team at SM have taken the challenge and now I see more focus
    on catalyst quality alkali metals rather than drilling formates.
    As we move along the value chain pricing is already looking obsolete.
    Anyway credit to our vested metallurgical team and management for
    taking this head on. Would love to see revised figures. GLA.
 
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