LPD 0.00% 0.3¢ lepidico ltd

Way too many words today, so will respond to your question...

  1. 439 Posts.
    lightbulb Created with Sketch. 2079
    Way too many words today, so will respond to your question tomorrow Ddog157.

    DeWirral, just very briefly, in the Rome analogy, the emperors you refer to were calling the shots. Our management is guiding our company, but obviously there are many other players involved whose decisions upon which we are dependent. I believe JW, GJ and our board are honest, have integrity and wouldn't have guessed back in 2020 that DFC's due diligence would take 3+ years. I don't believe our management are just stringing shareholders along, as unfortunately does occasionally happen at the spec end of the ASX.

    Yes, delays and financing issues are presently widespread. It's now yesterday's news, but for any who haven't yet heard, Albemarle, the world's largest lithium producer, announced a US$2.1B capital raise after market close. Chat on PLS threads about it not being a very well managed company anyway, with liabilities of $5.4B over cash and near-term receivables.

    One last small point to your ponder this morning as to whether "some of the previous deals like Cornish have been a case of good luck rather than good management." My understanding is that Cornish Lithium's CEO Jeremy Wrathall was a colleague of JW's at Camborne School of Mines in Cornwall. One could surmise that a relationship of 40 years duration would have a basis of mutual respect and trust. AJIMHO
    Last edited by kellectric: 06/03/24
 
watchlist Created with Sketch. Add LPD (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $25.76M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $13.15K 4.385M

Buyers (Bids)

No. Vol. Price($)
65 71184949 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 64739849 66
View Market Depth
Last trade - 16.10pm 06/06/2024 (20 minute delay) ?
Last
0.3¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
0.3¢ 0.3¢ 0.3¢ 32430000
Last updated 15.40pm 06/06/2024 ?
LPD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.