LPD - Lepidico Ltd

[Dona Ferentes]

as mentioned by @frugal.rock and @tech/a in another thread, LPD is on a run

There was an Ann on 04 Jan, curiously not marked as Market Sensitive

... 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.

Lepidico continues to closely monitor the caesium and rubidium markets globally, with significant supply constraints envisaged to occur in 2021, as pollucite stockpiles sourced from now depleted mines are consumed. Lithium mica ores now represent the only material near term source of the strategic metals caesium and rubidium, both of which are designated as Critical Minerals by the U.S. State Department and for which the United States is entirely reliant of imports.

(DNH)

 

[frugal.rock]

Lithium banging up "HARD"
Excerpt from Stockhead in regards to LPD as posted by Dona.

"The lithium story — it is on the US critical list — is well known and while other lithium projects can and do come with co-products, the critical minerals of high-priced caesium/rubidium, along with sulphate of potash (SOP), make Lepidico’s project unique."
5 day chart.

 

[frugal.rock]

Have observed some big money orders buying up LPD today, In the range of $20,000 - $50,000 a pop.

The top 3 contenders jostling on the leaderboard today, taking turns at leading !

 

[barney]

Up up and away!!

 

[frugal.rock]

Have entered LPD again today considering it seems to have bounced off long term support and volumes are slightly elevated.

Recent (mid June) oversubscribed placement at $0.013 is also my entry level.

From 15/6/21 placement announcement;

"Funds from the Placement funds are intended to be used to manufacture additional lithium hydroxide and other Phase 1 product samples for consumer qualification assessment and working capital.
This is motivated by growing unsolicited interest in lithium hydroxide supply for use in the
rapidly developing electric vehicle supply chain in the United States and Europe."

 

[frugal.rock]

ASX Announcement 22 July 2021

Low emissions intensity for
Phase 1 Chemical Plant

• Emissions intensity associated with the Phase 1 Chemical Plant is low compared with other lithium hydroxide production facilities

• Substantial Scope 3 emissions savings identified from amorphous silica and SOP, with further unquantified savings from caesium and rubidium

• Opportunities identified for further material reductions in emissions from use of electric mining equipment, solar power and heat, and production of lithium carbonate via sequestration of process CO2

• Emissions associated with mining and the mineral concentration plant are comparable with other similar lithium mine and concentrator projects

• Greenhouse gas assessment report completed by leading industry consultant GHD Pty Ltd

 

[frugal.rock]

The full announcement of above is an interesting read.
This particular comment stood out to me...

"The excellent environmental and social credentials associated with Phase 1 are proving important in Lepidico’s advanced offtake negotiations."

 

[frugal.rock]

Showing promising signs, quite the scooter today.
Some nice chunks going through and getting up to 6 month volume highs.
Just need the price to follow through...
Giddy up ?

 

[frugal.rock]

Sold out 0.017
Squirrelled a nice 30% profit. ?
Cash deployed into an OARsome
@debtfree stock

 

[frugal.rock]

Starting to look under the hood a bit on this one by means of the latest quarterly.
Looking promising on the growth side for the foreseeable future.
No debt, vicinity of $15 million cash and things well in progress stages, equipment tenders out, process patent pending etc
Satisfied with the TA side also.

Further research to be done, however was happy to re-enter yesterday.

"Gut feel" tells me this one is under done at the moment perhaps evidenced by recent well over subscribed Cap raise at $0.013
Should have a good flow of news over the next 12 months also.

Planning on a long term holding but will be in and out along TA lines where and when I see fit.

 

[frugal.rock]

No further research as yet, however SP and volumes looking good.
Hoping to see it carry on short term to 0.025 or 0.024 or so, but it will need a breather soon.

 

[frugal.rock]

Closed out the second trade for the weekend. Another 43% squirreled.?️
I couldn't tell what direction it wanted to go due to a load of centre point trading. I was guessing buyers were in command, but couldn't tell, so fully exited.

Nearer to and on close, it seemed the buyers were definitely interested in pushing the price up further, however chose not to re-enter yet, will see how it goes in Monday.
Other lithium stocks were having a cracker Friday also.
Trades

Chart

 

[frugal.rock]

Have entered again on 0.022
Satisfied with the consolidation around this price point, and as mentioned, am interested overall on a long term basis.
May get a sell down this ARVO being Friday?
I have orders in at lower price points in case it decides to retreat.
Timewise, it's probably due for a market sensitive announcement soon?
Fingers crossed for a goodun' ?

 

[frugal.rock]

An update.
Picked up more on the retrace.
Let some of those go yesterday just to lighten the load a little.
Average in now 0.020755

Chart looking like it can go either way from here (0.015-0.025), however it seems to be trying to nibble back up with current trading. Any good news should propel it nicely. Considering this for Sept comp.

 

[debtfree]

I hope I don't bring you bad luck with LPD @frugal.rock as I've picked it for the September Comp . Wishing you all the best FR .

LPD has moved up in the last 6 weeks moving ST EMAs above LT EMAs - volume increased with the upward movement of price and sellers look done at the moment - breakout of 0.018 is now acting as support - once the 1st barrier of 0.028 is passed my target for this comp is 0.035 (75%).

 

[frugal.rock]

I hope I don't bring you bad luck with LPD @frugal.rock as I've picked it for the September Comp . Wishing you all the best FR .

Cheers ears!

Was nearly going to ask someone to flip a coin for me as I couldn't decide between LPD or CAD stock pick for the Sept month. ?

The choice boiled down simply to tick size being a greater %.
Both have a average chance of ending the month higher though, imo.
Good luck with it @debtfree
If you were to win, I would be very pleased for your winning ?

 

[frugal.rock]

Hats off to @debtfree ?
Can you catch PAM ?

 

[debtfree]

Hats off to @debtfree ?
Can you catch PAM ?

I'm very busy at the moment @frugal.rock, I'll have get back to you in 4 weeks time .

 

[debtfree]

Can you catch PAM ?

ummm ........ No, but the competition of PAM is gone for the month of October by the looks of things .

Yes I'm taking LPD again for the October Tipping Comp, it's pulled back below the 0.024 breakout but on low volume so hopefully no real damage done. Price is still above L/T MAs

 

[frugal.rock]

Market sensitive announcements, yesterday and today.
Yesty was agreement secured to build a chemical plant at Kizad.
Today is a caesium product development.

Volume up a bit yesterday with the majority of trade at the $0.024 mark, but closing flat on 0.023