to sell it would mean ownership and given it was he cornerstone...

  1. 2,436 Posts.
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    to sell it would mean ownership and given it was he cornerstone for all I cant see any sold notice on the patents becoming a reality, and what happened to the 25% cap raising at the directors discretion no I am starting to see the possibility of a deal, they can have 6 months to organise one and an extension with valid reason, in the meantime cash outgoings will be very constrained. 6 months sees winter disappear inbthe Northern Hemisphere and the possibility of an improvement in demand which might restore finance confidence with the plant pushed out again to 2030 , and I think many are currently mothballing or reviwing their strategy. I spent a bit of time trading thwe Li sector up until 4 years ago and did quie well out of it. All my LPD holding is in reality from trading profits plus I lived for 2 or 3 years on some of those profits , so really cant complain, but still think it might be redeemable if not this will just become another dusty patent forgotten along with pegmatite
 
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