LPD 0.00% 0.2¢ lepidico ltd

Expected ANN - Lemare, page-5

  1. 432 Posts.
    lightbulb Created with Sketch. 30
    Not quite:
    LIT have announced that they COULD build a plant, and hope to decide by the end of the year if they can find the $$.

    Note that:
    1) this LiT plant would be MICA-only (as Spod processing Sileach is still under research.
    2) from my reading their profit margins are not nearly as good (LIT $9200 USD per tonne LiCarbonate vs LPD $5 -6000 per tonne, both before by-product credits)
    And
    3) LIT haven't yet sourced their MICA feedstock (LIT "Sourcing mica remains a priority and critical to LSPP")

    So I wouldn't read too much into it yet.
    Maybe if they employed one of their L-Max licenses they could make a nice little profit at this proposed plant. ;-)
 
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