The phase 1 plant is due to start producing sometime in 2024.
LPD will no doubt be doing their best to bring this to early 2024......It just depends on the performance of the building team.
LPD will have no issues with the money side to build.
Phase 2 as I have stated will be fast tracked to the best of LPD mangement.
It is only my guess that this will most likely be in their sights to do so .... in due time I guess this may be announced 2024.
I am just sharing what I see into the future with possible outcomes.
You can add you own perdicted LiOH contract price [ LPD used 2020 LiOH price forecast US$12,910/t long term ] for US$49 million.
You could use anywhere from US$20,000 to US$75,000 for working out the profit per year in the short term.
You will increase that old report of 2020 US$49 million to much higher outcome.
Guess this is one reason investors are buying up the stock at these low prices ....
We are and there are a lot of others that are backing our in sight with $$$$ to build a good holding.
DYOR
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