LPD 33.3% 0.2¢ lepidico ltd

Gaia Lithium Project in Portugal, page-37

  1. sqe
    6,939 Posts.
    lightbulb Created with Sketch. 3626
    As always Maxi, your posts are very interesting.

    Regarding Hallgarten's post RE Cabot. So Cabot own and operate a mine that produces over 80% of the pollucite used to produce cesium formate brine. Guess who else mines pollucite? Yep, Pioneer resources (asx.PIO). And yep, LPD was once upon a time interested in PIO's Lepidolite deposit at Pioneer Dome. So it seems as though Cabot control the cesium brine industry and pioneered the use of cesium brine in the oil drilling industry in 1999. Basically, Cabot own this market. If the Chinese now own Cabot, this could be very interesting.

    So Pollucite is the main Cesium baring ore, and Cabot control the pollucite mines around the world. LPDs brine patent is almost certainly relating to Cesium. If LPD have a patent that allows it to produce Cesium brine from lepidolite, this is significant given that the industry is monopolized so significantly.
    Last edited by sqe: 28/04/19
 
watchlist Created with Sketch. Add LPD (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
-0.001(33.3%)
Mkt cap ! $17.17M
Open High Low Value Volume
0.3¢ 0.3¢ 0.2¢ $2.416K 1.066M

Buyers (Bids)

No. Vol. Price($)
178 207884296 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 99404087 60
View Market Depth
Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
LPD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.