LPD 50.0% 0.3¢ lepidico ltd

Thanks @In4apenny always adding value to the discussion.It took...

  1. 11,057 Posts.
    lightbulb Created with Sketch. 3715
    Thanks @In4apenny always adding value to the discussion.

    It took me a while to accept that cesium formate brine was the "saleable product" and struggled to get the price/market factors ... hence the Edison Research cleared much of that up ... the focus on formate brine and $value per ton

    Can you show where/when "but changes to the chemical process has uplifted LPD's output from formate to caesium sulphate." was advised?

    The DFS in describing the Chemical process (pg. 20) talked to

    https://hotcopper.com.au/data/attachments/4288/4288808-a3c99d960375312cc92332b257da9a1b.jpg

    Now I am not a chemist so the picture below (from another company's deposit) could just be total rubbish wrt to LPD process but it starts with Cesium Aluminium Sulfate crystals then onto a Cesium Sulfate soluton and then onto a Cesium Formate solution. That would contradict the "uplifted LPD's output from formate to caesium sulphate." part.

    https://hotcopper.com.au/data/attachments/4288/4288813-fc998743302413b3ff5082cc6817ea1a.jpg


    My overall concern is the small market (controlled by China) and no actual need to mine for Cesium as demand can be fulfilled from Tanco tailings alone. ... hence the binding offtake now to secure financing as there is no open market per se.
 
watchlist Created with Sketch. Add LPD (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.