It seems to me that many are are pretty good with words but lacking in action.
I don't believe they are lacking in action, the preparation works takes time.
Bringing a metallurgy process that has never been tested on larger scale and building a company around this process takes time, hence why the SP was 1.0c. I originally bought PLP/LPD over 2 years ago. at an average price of 2.4c, and watched the SP continue to drop for a 12-16months down to 1.1c which I continued to top up. getting my average to 1.3/1.4
Why did I average down? I believed in the company and the process.
Furthermore the company has been changing the scope to make the P1 larger in capacity, and including another process to S-max increasing the profitability. Btw Ceasium formate has been heard to sell for over $25,000 a tonne... (L-max by-product)
Are you there behind the scenes of LPD? do you know what the work they are doing to get this thing off the ground? I think a more balanced approach would be beneficial..
My thoughts? I believe LPD will eventually (5+ years) be giant chemical company, maybe I am being overly optimistic.. who knows..
Looking forward to the plant being online by Q4 2019- Q1 2020, which the company has always been transparent about!
Regards
R
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