LPD 0.00% 0.2¢ lepidico ltd

Lepidico and Fortescue in Portugal, page-10

  1. 2,237 Posts.
    lightbulb Created with Sketch. 4001
    Good point @vmp. Do we know when their license expires? Did it have the 2020 deadline as well?

    I just had a look at their recent announcements and it seems they have had to delist from London and sack a bunch of directors to cut costs. I wonder if they are even aware of the licence they're sitting on?

    Also, I saw @maxi1981 mention Japan earlier and it reminded me of this comment by Joe at the AGM:
    • Licensing out tech once P1 is built may become a viable business. P1 will demonstrate it works.

      • An example was provided of Sumitomo that have a site that produces both sulphuric acid and batteries. Sumitomo, being a large multinational, would be unlikely to let LPD build a plant there, but under license they might….


    Just a thought.

    Cheers
 
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