The proposed name change to Lepidico indicates that management see L-Max as the basis for our future.
Unfortunately, whilst investors can extrapolate prospective future earnings from mining based on drill results etc., its far more difficult to assess the future value of a 'disruptive technology'. Especially one that has no production results to assess. We are therefore "hurt" by suggesting to the market that our focus IS NOT our mines such as Lemare.
Until the management team can release some prospective future revenue data associated with L-Max (which they are unlikely to promote due to the sensitivity around existing and future L-Max deals), its going to be a rough ride.
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