Australian (ASX) Stock Market Forum

LPD - Lepidico Ltd

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:mad:

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:rolleyes: … and it has cost me a lot more than beer money:(

You win some you lose some … carry on :)
hey, not looked but might - process would (to me) need to say the words mica (in a negative sense) but i will maybe see.
 
adding more words (and vague on this) the downstream peeps will be set up for hyd from spod. the hyd from lep is ?? but mica was one of the nasties that spod did not have - so not set up in the process to deal with it for battery grade (and that is where i think the $$ are going forwards - but do not like the price taker aspects of the miners, so will have a look at this).
 
Share Price being belted backwards since last week's rise but still within the acceptable "Range" …. Under 2.4 would start to look a bit shaky.
 
Share Price being belted backwards since last week's rise but still within the acceptable "Range" …. Under 2.4 would start to look a bit shaky.

Bought more today at 2.5 …. I'm seeing it as an accumulation opportunity ...we shall see:confused::)
 
Chart musings ……….


LPD25March2019.jpg
 
LPD continues to trade in its current range …… Looks like holding 2.9 cents today which is healthy.

The announcement in late March stated "Wet commissioning of the Pilot Plant remains on schedule to commence in April 2019 with operation during the second half of May." … so assuming all is going to plan they should just about have the key in the ignition:)
 
Mentioned this one yesterday in the Outstanding Breakout alerts suggesting it might break soon

Overnight was fairly soon!!:eek::D

Lot of Shares changing hands but if it gets over 3.6 cents on good Volume over the next few weeks it could have some legs

LPD10apr2019.jpg
 
fingers crossed for you buddy (halt).....

Cheers H.

Resource estimate update …. as long as it higher and not lower:cool:


Lepidico Ltd (ASX: LPD, “Lepidico”) requests an immediate voluntary trading halt on its securities pending release of an announcement by the Company concerning an updated mineral resource estimate.


The Company requests that the trading halt be lifted on the earlier of the commencement of normal trading on Friday 12 April 2019 or when the anticipated announcement is released to the market.
 
Resource upgrade ….. SP dump ….. gotta love the market:rolleyes::D ……. Groundhog day!
 
Still looks ok;) ….

Plenty of Sellers yesterday … but plenty of buyers, plus some follow through today so far.

Chart ramblings below:D


LPD12apr2019.jpg
 
The Inside day almost turned into an outside day lol ….. The resistance could start to dry up quickly if we get a gap up on Monday …… solid close at 3.6 cents.
 
Got the wobbles today …. Hopefully just a shake before the bake … Will throw up a chart after the close.
 
Got the wobbles today …. Hopefully just a shake before the bake … Will throw up a chart after the close.

Ok, so the bake was a more like a cheesecake and not the sponge I was expecting:D

Dropped another few points but since the last post we have announced a merger with Desert Lion and an Entitlements Issue ….. fair bit happening at LPD.

Anyway, bottom line is … I've bought more at 0.03 cents:eek:

I expect it to range for a bit longer, but I like the longer term prospects ….

I also like buying on the second retrace of an early move:) This retrace was deeper than I would have liked but the Merger and the E/Issue can take blame for that.

Main downside is the massive amount of shares on issue ….. A consolidation down the track will be expected, but in a perfect world it will be trading back above 7 cents before that is even considered. Above 10 would be even better:D

LPD22May2019.jpg
 
Not really doing much of late.... To me, just another Li hopeful. Barry Fitzgerald has penned a few words:

I ended up selling this way back in July last year at 026 for a small loss. That turned out to be a wise move given the last 12 months. I think it might still have a trade or two in it in the future.
 
Time for another kooky kooky after yesterday's record yearly volume big bar setting the stage for some future event.
Lithium stocks are coming back in favour generally and I expect we will see a slingshot push post covid onto electric vehicles as well as other enviro factors.

Screenshot_20201125-115912.png
 
4 January 2021
High Value Product Offtake
Lepidico Ltd (ASX:LPD) (“Lepidico” or “Company”) is pleased to announce that it is now in
confidential discussions with up to 6 lithium hydroxide consumers and 3 caesium/rubidium consumers.

Lepidico has been advised by one prospective customer that its analysis of a lithium hydroxide
monohydrate sample provided in 2020 should be completed in early 2021, allowing offtake discussions to advance.
It is understood that the analysis process has been disrupted by the
ongoing pandemic.
Further lithium hydroxide samples are being prepared for dispatch over the coming weeks from the Company’s existing inventory in Perth for analysis by other consumers.

More info on the announcement.
Held on a long term basis.
 
Well, it seems the market liked the non price sensitive announcement as per previous post shortened version.
Up 50% currently. Noice.
3 year chart. Is the bottom in? lol.

Screenshot_20210104-153840.png
 
Had a look at it yesterday and didn't like the +5 Billion fpos and 340m unlisted options. Plus it looked like they dabbled in a convertible note, about which I didn't read the announcement but looked like they bought it back.
 
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