LPD 25.0% 0.3¢ lepidico ltd

They have achieved a lot yes......but last 4-5 years has been a...

  1. 1,964 Posts.
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    They have achieved a lot yes......but last 4-5 years has been a major concern for mine where progress has practically stalled and reflected by the SP.

    Minimal offtakes for by products, frequent and active drilling basically non existent, no major funding and limited communication with it's loyal holders who have funded the journey. Bit hard to disagree on those if we are being honest.

    So for the last few years, i will disagree and state that the holders have deserved a little more.

    The total cashflow package that LPD has proposed is also reliant on the much well publicised 'by products' as well as lithium hydroxide. Without securing these after many years (caesium and rubidium), it is very difficult to see any lender jumping on board for a $300 million project or so when these cash flow sources cannot be obtained.

    So actually for mine that is the very first step.

    Those are constructive facts mate and not trolling.....if you are a little sensitive dealing with that then maybe this site is not for you.

    Many holders would agree too.

 
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