My understanding is Lepidico has done some benchwork on lepidolite-mica mineralisation which has been ignored in lithium deposits in the past.
With the GXY 3.45m and 4m Renounceable rights issue announced 10/10/2017
LPD Canada L.MAX plant phase 1 will be built 2018.
"If" Successful then a Mount Caitlyn (MC) Plant is possible 2019-2020.
Need to go back over the geology of the drill samples and tailings dump at MC ..
This would mean the 20% free ride tkl tenement would have not only spodumene from Permagitie and pentalite but lepidolite-mica mineralisation to consider .
What got me interested into LPD LMAX was that with the bench Chemistry they saw a way of producing by products that would pay for the Process and that the Lithium component was "the free-icing on the cake" .
LPD have just beat off a hostile takeover from LIT about 2 months ago.
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