@fnqricko ....let's hope so.
A loyal holder like yourself and definitely hope what you are saying comes to fruition.
But also need to approach this with a degree of realism.
To me, the critical aspect is how quickly this funding (approx 50 million) can be obtained to get the feeder up and running and generate this cash flow. Securing funding in the short term will demonstrate faith and confidence in the lithium micra product and thus open up doors for future opportunities re the chemical plant and the running of Phase 1. As a shareholder, you would hope this is a very short term/quick fix solution....but i have my doubts and sense they are buying as much time as they can now.
Conversely, if this funding drags on for another year or more (which it still could), then its almost game over for these guys. If 50 odd million can't be secured in 4 years, then no chance of anyone taking on another 200 million for the real deal. This is literally as cheap as it gets. Company will die a slow death and perhaps already showing signs of this. The fact that many of these changes and shifting of posts needs to be slipped into reports doesn't really bode well for me.
That's being logical and rationale.
Very hard to justify Phase 2 to shareholders when a fifth of the cash can't even be secured for Phase 1.
These guys have talked a very big game, but the truth is not really much to show for it.
2024 will be very interesting to see where LPD ends up.
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