LPD 50.0% 0.3¢ lepidico ltd

As a long term holder, I have admit tom becoming increasingly...

  1. 713 Posts.
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    As a long term holder, I have admit tom becoming increasingly doubtful of LPDs prospects over the last year due to the delayed deadlines, market uncertainty and money leaving riskier assets. This has inturn caused me to question the likelihood of funding/ plant development. However I'd forgotten about the massive gaps in rare earth markets. Between the shortage of rare earth materials/processing capacity in the west, and China continuing to intensify the trade as they throw their weight around more and more, I feel the project is a must. It's not just about cheap, ethically produced lithium. If China intensifies the trade war, which IMO is unavoidable, China will undoubtedly cut supply to these essential materials to get their way. Sure their importation of rare earth materials has increased, but they have a friend in Russia, which have sizeable quantities. China and Russia know how tom tighten the screws. Germany shot themselves in the foot over gas reliance, now winter won't be looking so warm . The US will hopefully have learnt some key lessons.
 
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0.2¢ 0.3¢ 0.2¢ $7.307K 3.040M

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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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