LPD 0.00% 0.2¢ lepidico ltd

lpd share price, page-53

  1. 330 Posts.
    lightbulb Created with Sketch. 248
    Not sure why anyone would be slightly worried about the SP. There's all likelihood MC will be $2b+ in the coming years. Current MC is only $107m. Even if you missed the entry last year, a newcomer is looking at a decent 10,20,30 bags plus.
    What other company on the ASX is this cheap and has so much potential?

    If lithium oversupply fears come to fruition (they won't), the lowest cost producer will be the winner (hey, that's you LPD!)

    If lithium goes in huge demand, LPD is singing too! Really can't go wrong with a company that turns waste into a valuable commodity.

    I also like to point out we have car manufacturers buying stakes in lithium companies due to fears of supply, yet no car company ever bought iron ore mines. Funny, considering how much of a car is steel.

    Finally, there's been far too little focus on grid storage which will be a biggie. As a project manager for solar farms I know the world will need many GWhrs of battery storage if we are to use renewable energy.

    I told my mum about this stock for a reason.
    Last edited by AdventureLife: 14/06/18
 
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