The company is in capital preservation mode, they have a 19 year MRE, that is sufficient for now, there is no need to spend any more money on exploration of resource expansion etc
Regarding Cornish Lithium, they are not bound by listing rules as they are not a listed company, I won't speculate any further on the commissioning progress at Cornish Lithium other than to point out the Techmet has invested in Cornish Lithium and DFC have invested in Techmet and the DFC are currently stalled at the legal DD stage with their lending package to LPD as DFC are awaiting a Karibib equity partner for LPD, LPD have now firmed a date for binding offers for equity partner/s for Karibib, being October 2024.
gltah
Ann: Lepidico Update, page-61
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $2.069K | 1.034M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 80 | 59752533 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 86936494 | 42 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| LPD (ASX) Chart |