LPD 0.00% 0.2¢ lepidico ltd

Ann: LIT: LIT response to counterclaim, page-214

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  1. 613 Posts.
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    Tradedemon - PWN should have owned all of L-max and then there would be no questions of any doubt and now court procceedings but that reflects on the nature of personal greed in regards to Adrian Griffen CEO of LIT and a member of the board of PWN.
    There's another problem that when LIT was CXB and Lepidico was a unlisted private entity before merging with SM (Strategic Metallurgy) that Gary Johnson of Lepidico was given shares in CXB to tweek L-max before the patent was applied for ?
    Funny how Eurowie especially and Lemare ? we're already tenements owned by Lepidico and brought to the PLP now LPD table.
    You have to give LIT credit for some great enhancements and initiating all of the above being all the way to fully finished market ready value added product which commands a much better return on the resource and to hydroxide in the same process at minimal extra cost if desired over carbonate.
    If you look at LITs quarterly activerties report (recently) it states that the Sileach miniplant at ANSTO minerals has successfully processed spodumene from PLS ore and is now in the process of concentrating ore from a bulk European sample with intention of pilot testing these concentrates later this year.
    Don't forget this is all without using expensive gas for cheaper than what anyone else can match and previously unproccessable mica (or silica) is now also proccessable instead of only spodumene up until now with some micas containing more lithium than spodumene.
 
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