LPD 0.00% 0.2¢ lepidico ltd

Ann: Trading Halt, page-148

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  1. 3,889 Posts.
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    Here is the page of Oxy Capital... Interesting... English also available...

    http://www.oxycapital.pt

    I couldn't hold myself back and refer to this article again... It could also be worth nothing, but I thought you might be interested... We'll soon find out...

    Remember that article from 1 year ago:
    "There is another Australian mining company interested in Portuguese lithium. Responsible for the multinational Lepidico, based in Perth, on the west coast of Australia, were in Lisbon this week where they met with government officials, mayors and managers of Felmica, one of the main operators in the lithium area in Portugal.

    Expresso said that the company has links to fund manager Oxy Capital, which now holds a majority stake in the Mota Mineral group (owner of Felmica and its mining concessions). The meeting will have served to clarify how far the collaboration between Lepidico and Felmica in the area of lithium exploration can go, and for now, to exclude a sale of the Portuguese company to the Australian mining multinational.

    Some sources in the sector advanced to Expresso that Oxy Capital even allowed the separate sale of several companies of that group. Something that Oxy's source says has no basis.

    Of course, Lepidico - after its Australian competitors Dakota Minerals and Slipstream - is also interested in mining lithium in Portugal."

    Source translated with Google:
    https://expresso.pt/economia/2018-05-27-Australianos-da-Lepidico-querem-litio-portugues#gs.9ncox3
 
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