LPD 20.0% 0.2¢ lepidico ltd

Hey Welsho, I agree with most of your points and primarily that...

  1. 334 Posts.
    Hey Welsho,

    I agree with most of your points and primarily that there are a lot of things to like about LPD. I think its undervalued. Although I also thought we would be at 3.0c by years end...

    Eurowie is a definite prospect, but given the time taken to assess, I dont think its the priority at the moment.
    Every man and his dog have a spodumene play after the lithium hype. That said, Lemare is a gem - will continue to deliver value and looks like a high grade resource in an region already geared up to treat spodumene ores.
    LPD continue to leverage through licensing and JV partners
    Most importantly is the pre-feasibility and Lmax. This will be the quickest path to production of lithium carbonate at the lowest quartile of the cost curve - critical for any lithium company.

    With the connections of an accomplished management team, there may be more irons in the fire...
 
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