no shit!
where are the economically concentrated resources for mica?
they’ve been targeting spodumene resource companies to sell their tech to because no one is starting a mica mine
LPD have taken on all the risk my owning their own mine which is YET to be developed! no one else is willing to put capital into new mica mines…because they are uneconomic and it’s too risky when LPD is the only one PLANNED to produce battery grade from those micas
new markets don’t come to life through public money $$$
Ann: Lepidico - Corporate Update Presentation, page-53
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