LPD 0.00% 0.3¢ lepidico ltd

Ann: Strategic Collaboration with Cornish Lithium Ltd, page-121

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  1. 4,829 Posts.
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    Really?

    He couldn't explain to me how a company fully funded by crowd funding & $2.6 million in assets "could prove what LPD was saying all along".

    Everyone here tells me I'm wrong, but can't tell my why.

    CLL can't do anything with a 3rd party licence.

    1. They have no off take agreement.
    2. They have no assets.
    3. No revenue.
    4. No profits.
    5. All the money they do have was raised through crowd funding!!
    6. Massive cash burn. The money will be gone in 2 years!!

    Where's CLL going to get the money from to construct the equipment needed to use the LMax process?

    So many questions, so little details.
 
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