Cool name....you got the sideburns too ?? LPD are not...

Cool name....you got the sideburns too ??

LPD are not considering the takeover....period.

SiLeach is not in competition with LMax - that is precisely why LIT want it because SiLeach is not economical nor practical; it is a dud. Yes they want monopoly...they want LMax - read up on the PFS statements to date, the recovery rates, the economies of scale LMAX brings to the table. Far superior and a mile in front of SiLeach in terms of product advancement.

LIT won't get LMAX nor LPD......to control. The only positive AG has is he gets a major holding in a great company (LPD) - but not control. That benefits he only.....not LIT holders as you won't see any returns from our SP come into your coffers from his holding. LIT wants it....but I would give them a 2% chance of even getting close to a 50.1% holding of the register of LPD.

I still wonder why LIT have not announced a breach of the conditions as set out in the PWN buy out agreements for 17 odd % of LPD shares ? A 20% reduction in LIT's SP from the date of offer voids the deal ?? At date of offer, SP was 18c and did drop to 14c....that surpasses the 20% threshold.....more smokey mirrors perhaps.