Ann: Legal Dispute, page-66

As I was saying on the news of the announcement concerning the vexatious proceedings bought about by JJLC, you would have to agree that overall the SP has done very well considering all of the pieces in play.

After the initial sell down on opening the market soaked up all on offering at 0.0115 and 0.011, of course a few sold at 0.012 but really all of the action has been between 1.1c and 1.15c.

The question remains, why has market (who only days ago has valued LPD at at 0.009) decided to keep the SP buoyed, given the above.

Answer:- We are on the precipice of funding and this is the last ditched effort by the Lepidolite incumbent to slow if not hinder LPD from reaching its goal.

There is nothing like a bit of foal play so close to the end of the funding game, to try and hobble your opponent from succeeding.

As others have mentioned prior, LPD have ticked all the boxes to date, and the mention of our prior announcement has kicked Jiangxi Jinhui Lithium Co. into action.

Why is it they bring in the Singapore SIAC?

They could have easily enough dropped a line to management and sort another means of settlement.

IMO it is an unveiled stalling tactic used by a salty company not doing anything about the previous held contract until it was of use in just such a manner.

Everyone has to realise Jiangxi Jinhui Lithium Co. is owned by the CCP ( if not controlling stake, an influential stake large enough to apply the required amount of pressure to hinder if not stop LPD from succeeding in acquiring funding.)

A dirty tactic, but a tactic that is needed for the incumbent to stay in power.

China have an oligarchy like reign over the production of caesium and will go kicking and screaming into the night before it would allow’s opposition into it’s domain.

A novel clean technology releasing valuable products that encroach upon the incumbent’s bottom line will always be met with a shirtfront approach. Those in power want the power to reside with them and only them.

LT-B1