Hi @MusCabout. I think you will find that LPD identified early on that being reliant on a feed stock supplier was the achillies heel in our business plan. ie as has happened miners now have all the leverage. Avalon was initially selected as supplier, then issues with the indigenous population developed. The time line of their production started to slide . After Alvarroes was selected as new supplier an opportunity to remove the threat of supply leverage was exercised in the purchase of Karabib. In hindsight, fantastic decisions. Avalon is still not producing and their CEO doesn’t ooze confidence.
As an aside. For TechMet to invest $22mil in CLL’s Trevalour demonstration plant they must have significant confidence in our tech. They have just taken another tranche from the US DFC to invest in the energy transition metals space, who?
An interesting listen from TechMet CEO
https://www.moneymazepodcast.com/curated-podcasts/brian-menell
Hi @MusCabout. I think you will find that LPD identified early...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $806 | 402.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 161 | 160901130 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 104779532 | 52 |
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| Last trade - 13.15pm 19/07/2024 (20 minute delay) ? |
| LPD (ASX) Chart |