Speaking of CL, below is their Annual Report.I don't think it's...

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ProCapitalism

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13/02/25

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Post #: 77845883
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Originally posted by fnqricko: ↑

To that Richtar I could say it can all be supplied by Spodumene, its processing is well known by the west. Even Joe Lowry and Ken Brinstead dismissed lepidolite processing as dirty and basically a Chinese tech. There is a stigma against Lepidolite that seems to overlook LPD tech even though it is staring them in the face, It appears Cornish Lithium is in the right place at the right time. When the tech is proved viable by them we will have proof on the ground that it works commercially, and that will be a big plus for LPD to get off the ground, or get it above ground.

My fear is the administrators are just going through the motions so they look like dutiful administrators, and this third party enquiry about raising finance is not really viable . They say they can't contact every individual shareholder, because their not allowed, at least that seems to be what I could decipher from the website. I can't see why a generic announcement can't be made to the shareholders explaining the situation and asking for a non binding show of hands as to who would put money in. I take these posts from other shareholders about finance raising with a grain of salt. I think we deserve a much more professional approach to the enquiry for finance. After all if it ever come down to a CR there would have to be an announcement explaining the process, but we can't do one before hand explaining how the funds would be used to get LPD on the road to productivity.

I think that is because the administrators have no idea how LPD would proceed to viability they would simply leave it at getting LPD out of voluntary administration. it would be up to the then management and BOD to once again come up with what tactics they would use to move forward.

I for one would need to know what that plan was going to be, I think that is the argument most are putting forward here, we just don't want to grasp at straws and throw good money after bad so LPD management and board can continue to suck up more of finances, show us the plan and we will consider the money. This is starting to remind me of something else we were all asked to vote on in the recent past ," you just vote yes and then we will tell you how it all works"

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Speaking of CL, below is their Annual Report.

I don't think it's a good look when a company who was given a licence for the tech dumps the very stock that owes the tech.

ANNUAL-REPORT-YEAR-ENDED-2023_FINAL.pdf

Why didn't CL hold onto the LPD shares?

LPD Price at posting: 0.2¢ Sentiment: None Disclosure: Not Held
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