LPD 0.00% 0.2¢ lepidico ltd

Pilot Plant Test Run, page-48

  1. 2,732 Posts.
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    My expectations are enough quality Lithium and by products from outr two main feed sources to allow full product qualification by Battery Manufacturers, By-Product off takers.

    This qualification will take a few months and enable the DFS to have a very high confidence level on Revenue streams and give some more time to fine tune the plant for optimal settings - iron out the bugs.

    So risk reduction in scalability, operating with the equipment (stainless steel instead of test tubes ), product quality qualification and very robust operating and capital costs.

    Then location can be optimised and feed source chosen.

    This should take 6-8 months with a few news releases on the way when elements are confirmed.

    Now just sit back and enjoy the ride and the price will "dramatically" reflect this risk reduction as the Market Capitalisation goes from $97 million to around $400 million
 
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