Galaxy's Lepidico Investment, page-87

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surfarosa

2,765 Posts.

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23/04/18

21:43

Post #: 32640736
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Originally posted by jammak ↑

In hindsight so long as sulfuric acid is not a supply problem LPD are poised to produce so much wealth. I never even knew about LPD until GXY bought into them, I quickly skimmed their latest investor presentation and was very impressed so I bought the same day. Glad I did.

I also bought a smaller parcel in TKL the same day as that announcement. Was not a particularly good idea but oh well. LPD have so much potential, even their stage 1 pilot plant has the potential to produce so much money that they can cover some staff costs to do more work optimize the designs produce more valuable product, like lately their announcement that their waste is fit for sale into the ceramics industry.

One company has let opportunities go, the other company has found additional opportunities that we didn't even know they had. They were 7c not so long ago only 4c now, there is NO WAY that 7c will be their all-time high I can't predict how high that could be we will have to see how it works, it is high capex and high opex but also very high revenue, so long as every thing adds up nicely who knows how profitable they can be? Once an L-MAX plant is built and paid for, it only needs to be fed acid and waste material.

I'm hoping that it will be a high-value operation so that shipping costs become insignificant part of the bill so that they can feed the plant with material from all around the place giving them options, but even if not there is big synergies between LPD and GXY, mainly that GXY will be producing the feedstock for LPD its like an assembly line, the run of mine goes through the GXY concentration circuit, the 6% lith output of that goes into a boat for japan, the other 94% goes on a conveyor belt into an L-MAX plant... unless spodumene vs lepidolite is the issue.

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"it is high capex and high opex but also very high revenue .."

Well you got the last part right.

Capex on the low side for comparable operation, and as far as opex goes, due to the technology's ability to produce many byproducts from the same ore source, upon the sale of these products Lepidico becomes the lowest cost producer of lithium carbonate (and/or hydroxide) on the planet, bar none.

GL

Last edited by surfarosa: 23/04/18

GXY Price at posting: $2.94 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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