the company are powerless to release anything until a formal...

the company are powerless to release anything until a formal resolution is agreed with creditors, its plausible the proposal outlined, another name for a capital raise . What I find incredibly disturbing is the collapse in the price of Li , why did it collapse well it seems China have sourced Li through sovereign investment to aid development of a cost effective industry that is at the core of EV brand development and cost competitive supply Richtar said the West need to wake up what Cornish have undertaken would be impossible without sovereign support and at this point in terms of supply chain economics there will only be a small number of possibilities for LPD and I very much doubt LPDs outright ownership of a plant or raw material tenements will be part of that story , LPD may have a future in managing assets all I hope personally is that shareholders can recover capital in time and thats looking more like 2030 than next year