LPD 20.0% 0.2¢ lepidico ltd

I just listened to JW's presentation as I had a little time...

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    I just listened to JW's presentation as I had a little time to kill and was curious as to the discussion.

    Not once was the sunset clause mentioned when discussing AD finance, only the mining and concentrator portion.

    I'd definitely say the funding and sunset clause comment was regarding Namibian funding.

    Sounds like the chemical plant funding is still a while off, as there was a big emphasis on free cash flow via stockpiles, and spent a lot of time mentioning as such.

    Plus, when questioned about being a mining company instead of an alkali metals company, there was no great assurance of immediate funding and that it was their focus.

    Pretty uninspiring to say the least.
 
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