I don't have any qualification in business & I'm not privy to conversations between management, LPD & their partners. I don't know the inner workings or the fine print in any contracts that LPD has. I'm a nobody & "back seat driver" at this point in time.
But the way I see it, LPD is trying to do too much. It's spread out over the entire planet like a giant global conglomerate. Plants, mines, refiners & customers spread out in every corner of the earth.
What would I do in this situation? My two cents, for whatever it's worth.
- Run lean, cull members of the BOD & Joe has to go!
- Get the hell out of Africa! Who cares if others are there or if the majors are "setting up shop" there. They have money to burn & groups of lawyers on a retainer, LPD doesn't! Sell that pile of dirt in Namibia, that Desert Lion mine. It will get the Chinese off their backs & more importantly money into the pocket of LPD. It will save shareholders from more dilution & having to throw more money at this. I think the lithium market is still several years away from a recovery & LPD can't just sit here & do nothing for another 10 years. The current lithium miners are barely breaking even or selling at a loss. So how is LPD going to ship their product to third party refiners at a profit? LPD is going to do what others can't? Come on, wake up & smell the roses!
- Recover the money from the entity that locked the gate on LPD.
- Get rid of the UAE site. I don't think anyone should be investing in that part of the world. It's just my personal opinion. Geopolitics is going to play a major role in the investment world over the coming decades & it's going to involve the collapse of the Petro dollar & anything associated with oil. That part of the world is/will become a minefield as the currency reset approaches.
- Take what capital LPD has & sink it into a partnership with CL. Instead of granting a royalty free tech for 15 years, renegotiate the contract so LPD has more of a strategic partnership with CL. Buy into CL, don't just supply the tech, buy into the physical venture. Use CL as a stepping stone into the refining world, instead of trying to go it alone. The UK & EU is more "battery friendly" than other parts of the world.
- Perhaps move towards a licencing model instead? I don't know how well that would work.
- Once LPD has a foothold in the EU then try & go global.
How probable or achievable is all of the above? Slim to none I guess, but it's just my thoughts.
All I know is one wants to fund this venture as is, so something has to change.
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