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LPD - Lepidico Ltd

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Re: PLP - Platypus Minerals

Even a 30-fold consolidation in August failed to stabilise the sp.



However, the volume has picked up and someone across the road posted a very enthusiastic rant. If there is any substance behind it, a break above 2.6 could spark a little rally. DYOR and FYOP; I've set a couple of alerts.
 
Re: PLP - Platypus Minerals


http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01571673
Today's response to the ASX "Please Explain" makes that "enthusiastic rant" appear more like a ramp.
A written-off loan hidden in accounts notes ...
 
On November 30th, 2016, Platypus Minerals Ltd (PLP) changed its name and ASX code to Lepidico Ltd (LPD).
 


I'll just have that.... thankyou linesmen thankyou ballboyz
 
LPD aware of an "unsolicited" takeover offer from LIT.

Good time to bail?
 
LPD has been on the move for about a week now, ever since it announced a strategic alliance with Galaxy Resources and a renounceable entitlement offer to existing shareholders.

It has risen from around 1c a week ago to 3.4 cents today and has made it onto my watchlist.

 
It is now trading at 0.057 cents. Lots coming up over the next few months, maybe expect to go a lot higher in coming months
 
Do you think we'll see it peak back to the prime days of $1 LMAO - Just bought into LPD @ .51 so that was an ok entry price ..expecting to soar with the L1 and L2 plants and hopefully we'll land bigger with china.

Will we see similar pricing to PLS or Galaxy??

Looking at the all time history - it was once $3 peak @ 2004 then then massive drop to 2006 onwards can I get a reason why this happened?
 
Breakout for LPD after the company announced that it has produced high purity lithium hydroxide using a new process, LOH-Max™, developed in collaboration with the owners of Strategic Metallurgy Pty Ltd. The announcement went on to say that a binding exclusivity arrangement has been entered into with the developers of the process technology, whereby Lepidico has the right to use the process and sole rights for marketing the technology to third parties worldwide.

 
That's a big move for a Lithium Co in the current climate, and good Volume profile as well …

L Stocks have been belted for a while … might be the time to keep a collective eye out
 
Tempted to pull the trigger on this earlier today at 2.8 cents …. talked myself out of it thinking it will consolidate further and drop a bit lower ……… that appears to have been a wrong short term assumption …… Wait till it cools off for now.
 

Its cooled off enough for me to pick it in this month's Tipping Comp

Tempted to start accumulating a few of these "for real"

Lithium Hydroxide process looks very interesting …. and Lithium Stocks will have another day in the sun sooner than later I suspect.
 

For the record … I did buy a "handful" of these a couple of days ago based on various assumptions above etc ………. I think the "L" stocks are about to move again and LPD is well placed for a run Time will tell!
 
barney said:
I think the "L" stocks are about to move again and LPD is well placed for a run Time will tell!
Click to expand...

Up 19.23% to 0.031c as I post this

Lepidico’s L-Max pilot plant on budget and schedule for April commissioning

A $3 million research and development facility being built in Perth by lithium specialist Lepidico (ASX: LPD) continues to remain on budget and schedule for commissioning in April.


The pilot plant project – which will employ the company’s proprietary L-Max technology – is currently in the implementation phase with major equipment such as crystallisers, evaporators and pressure filters already installed and the remainder scheduled for delivery this month.


Steel skids to house the process equipment – designed and constructed by Perth-based mining and mineral processing engineering consultancy Wilshaw – have been received and installation is progressing according to schedule. More...

 

I confess to knowing little about the process of Lithium production etc ….. but after a quick read of the Lithium Hydroxide process which these chaps are advancing, I think they may be well placed in the Spec end of the market.

Always looked like it would move again after initial price spike …. I almost bought more yesterday at 2.7 but given the available cash is tight I behaved myself … pity because that misbehaviour would have given me some beer money for the next couple of months

Still hold my initial purchase and might just see where this heads over the next few months

And just to balance a couple of my good performing Stocks over the last week or two ….

One of my others dropped over 30% today (been no liquidity recently to lighten the holding so I have to take it on the chin)…. unfortunately I hold enough to feel a nasty sting in the hip pocket with that … and it has cost me a lot more than beer money

You win some you lose some … carry on
 
OUCH!
 
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