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21/01/25
13:24
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Originally posted by mechanic:
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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
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LPD have a good tech in a challenging market particularly due to it’s byproducts (just look at Ioneer) Tech that is backed by heavy private investors and supported UK government Chinese entities (like Sinomine) would pay heaps for this tech Why can’t they sell. Because it would be blocked due to tech sensitivity - is this a fact? The whole entities of concern tell me this is the case if it’s blocked, then government should credibly support it’s development Like Ioneer’s lithium/boron project Are LPDs byproducts all that critical (in volume)? what is the reason LPD can’t sell this to RIO? It’s the ultimate deal surely watch with interest