LPD 16.7% 0.3¢ lepidico ltd

Ann: L-Max Pilot Plant Development Commenced, page-56

  1. sqe
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    From the quarterly activities (http://www.lepidico.com/wp-content/uploads/2019/04/LPD-190429-Quarterly-Activities-Report-and-Cashflow.pdf)

    It is envisaged that it will take between five and six weeks to program and calibrate all drives,pumps and instruments. Once this is achieved slurry concentrate will start to be fed to the leachcircuit, planned for late May 2019. Once the L-Max® circuit is fully charged it will be runcontinuously for ten days at a rate of approximately 15kg/hr, producing lithium carbonate aswell as sulphate of potash (SOP), and the S-MaxTM circuit will produce amorphous silica.

    So expected to start late May according to the quarterly.

    15kg/hr concentrate would produce 1.5kg/hr LCE. So 10 days continuous @ 15kghr = 15*24*10 = 3600kg concentrate = 360kg LCE. If they hit their milestones on time (which would be amazing) then by mid march they could have produced in the vicinity of 300kG LCE. That would be amazing, and would give them plenty of samples to hand out amongst "friends"
 
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