um because innovate UK and Infrastructure Bank UK funded the...

um because innovate UK and Infrastructure Bank UK funded the construction of the Trelavour Hard Rock demonstration plant using Australian company Lepidico’s technology

if Joe’s actions have been honest in the interests of all shareholders not just inside shareholders then he would be a genius for pulling it off

rather than LPD spending capital to get to TRL 7 or more, they have simply licensed the tech early on and got Cornish Lithium to fund it

yet to be seen

I seen a few red flags or concerns popping up

1. Early asset/ownership stripping in Karibib
2. Still a lack of commitment from UAE
3. Non transparency at the pointy end

is this setting LPD up for a low ball IP sale?

im sure shareholders are hoping that the DFC now consider Cornish Lithium a derisking event adding points to perhaps DFC funding approval decision for Karibib

Perhaps the ownership sale in Karibib add a few points in derisking

perhaps the above would result in a satisfactory risk profile for DFC and can approve funding even without the structures/transparency requested from Abu Dhabi

perhaps this all add to negotiating/bargaining strength

I still think a consolidation and large discounted equity placement is on the cards