LPD 0.00% 0.2¢ lepidico ltd

The numbers here are not adding up for me. 40% JV with Latin...

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  1. 67 Posts.
    The numbers here are not adding up for me.

    40% JV with Latin Resource whom currently have a MC of $25.23 AUD. Meaning LPD's share in that JV would be worth $16.82 Million AUD.

    Currently LPD has a market cap of $22.75 Million AUD

    Meaning the approx $6,000,000 difference covers the following:
    -L-Max Technlogy!
    -Royal Project (Canada) (Currently 10% ownership with a path to move to 70%.)
    -Euroiwie (Broken Hill, NSW) (100% Ownership)
    -Lamare (Quebec, Canada) (Up to 75%)
    -Third Element Minerals JV with ASX:CAS  (50%)

    Plus the other agreement's I have excluded.

    Correct me if I am wrong.
 
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0.3¢ 0.3¢ 0.2¢ $2.57K 1.034M

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75 71232057 0.2¢
 

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