LPD 0.00% 0.3¢ lepidico ltd

LPD about to break all time high, page-33

  1. vmp
    13,514 Posts.
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    I cannot put together here a crisp context of what's happening, but they're all in your comments and if someone reads them and piece them together there's no way he would miss the true story.

    The crux of it: this inevitable re-rate was suppressed by negative sentiments of litigation and saddle by LIT. LIT is not a friend of LPD, their behaviour has been appalling, just have a quick read of their announcements between March and June, they tried their best to steal if not kill LMAx. Some here believe They wanted to takeover LPD not so they can develop it, but so that It can kill it or re-brand it as Sileach. LIT FAILED and took the to the street (aka lithium conferences) showcasing its sileach and not LMAx- hence whilst the TO failed, the LPD holding of LIt always presented a millstone, and the Sale of the Century that LIt did last week has removed a tremendous amount of weight on LPD SP- that is LIT is now an irrelevant contamination in LPD especially with Gxy taking a stake in LPD. Meanwhile, LPD kept progressing LMAx (too many milestones achieved in the last 9 months, including the plant lab test where LMAx ran continuously for 8 DAYS and produced lithium of premium quality (99.9%), JW presenting at lithium world forums, DFS due soon, alliances with Advanced Materials, and securing feedstock from Alvarroes in Europe, awarded LMAx plant design work to a reputable company to start the ball rolling fast in accordance with its critical path, and working now the steps to secure the permit for LMAx. And now alliance with Galaxy.

    A lot of the SP increase is attributed to these progress and milestones, but I've always believed that unless the LPD news in the last 9'months are all fake, then we should at least be $100m if not $200m already, not the $51m we have as of 7:30 am today.

    Regards
 
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