Lithium Carbonate Assay results., page-57

Realistically, ClintS, even if the news had come out today I doubt it would have had much affect on price because from what we already know from the Laboratory bench tests in March (and the recent results of other tests), these that are expected will manly be confirmation of those we already know. Moreover, given the sentiment that abounds at the moment, internationally and domestic news - that is, USA & China, Brexit, and locally the GDP figures of 0.4% for the June qtr; the Sept qtr will probably be worse - it will be very hard to cut through.

When the GDP figures were brought down at 11:30 there was an immediate dump of > 1.8 mill shares which eventually pushed the LPD shares to 1.9c (see my post on LPD share price).

My main concern for the up-coming results is to discover how the process performed in all its tasks (we know it did very well in the first section), the quality and quantity of the products; and to provide me with some idea as to the time-lines and milestones I may expect for: samples sent to prospective clients, move the pilot plant from its current purpose to the demonstration plant, off-takes, DFS, finance, etc.

Success here leads to the next stage and closer to the final goal - production.