Ann: Lepidico Update, page-81

how can this recent announcement not be negative for shareholders

Karibib ownership already at 80%

what has the 20% owner done to add value thus far?

any further ownership sale or equity will reduce future revenues coming into LPDs books

timing of all this again is a red flag as LPD would not be negotiating from a position of maximum strength (ie confirmed resource increases, commissioned Cornish commercial demonstration plant - all imminent in or post October - sounds suspect doesn’t it)