Lithium Related News, page-2690

@maxi1981 "reaching no goals and broken promises over all those years" You have got to agree saying they have reached "no goals" is a bit harsh.
There is an implementation timetable released in May 2020 that management are attempting to keep to and many goals have been achieved on that. FEED and EPCM contract agreed and now funds for long lead time procurement and additional resource drilling and investigate a phase-2 plant at Karibib being 20,000 tpa LCE.

YES, management have only been able to convince one customer to sign a nonbinding offtake

YES, finance funding is taking longer

Now that the pricing of LOH is actually higher than our DFS projection the fundamentals of the company are even stronger. At the current high price point for LOH being $1600 /t we are potentially making 18% more EBITDA pa than the projected highest LOH price in the DFS being $1369 /t

Not to mention Cs and Rb being identified as critical minerals and accounting for approx. 25% of our revenue could be a wild card.

@maxi1981 you have noticed PAM seem to be a very big fans of LPD they don't mind mentioning Lepidico and processing Lepidolite being in the lowest quartile cost for production of LOH. Ledipidico get mentioned by them in interviews and in "peer comparisons" I am pretty sure PAM have done their research and are aligning themselves up with LPD technology because like you and many others here, they will have done a lot of research into LPD.

Not even the downrampers here can argue against the fact that the LOH-max and L-max technologies are industry disruptive technologies, all they have is the battered old SOI stick which admittedly seems to have hit some of the loyal posters here.

My point is, LPD have the technology, the resource and now the Lithium pricing is rising we have a much better chance of achieving favourable finance terms and get the phase-1 then phase-2 plants operational which have been maintained on the same development timeline for over 12 months now.

In May 2020 (when the DFS was released) LPD had a market cap of $36m (0.7c on 27th May) today we have a market cap of $73m (1.2c on 2nd July) Lepidico has kicked some goals in the last 12 months and the market has recognised that. Admittedly on the journey many loyal holders have been kicked where it hurts too.

gltah