Ann: Lepidico Update, page-59

  1. 2,204 Posts.
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    @Logzy I am far from naive and most definitely not warm and fuzzy about LPD's prospects. The current lithium market is not conducive to expansion of production let alone expansion of production from nonconventional means. All Li prospects are in the same boat with this current Li market.

    This is the first time the company has given a certain month as a deadline being October.

    https://hotcopper.com.au/data/attachments/6438/6438669-88146b98c9ffd75d766df3959738e99c.jpg


    Yes, October may become November and then it may be December before we are informed of progress BUT I do disagree that the current course of negotiations is a pivot nor is it the same as we have been told previously. I believe it is a natural development in a very tough Lithium market by a company that needs to lock in funding within 7 quarters.


 
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