May 09, 2022 / 12:10PM GMT
Joe Walsh - Lepidico Ltd - Managing Director
Thank you very much, and good afternoon. So Lepidico is an ASX-listed company. We've got a market cap of between $200 million, $250 million, and we're developing a vertically integrated lithium business from mine through concentration to -- conversion through chemical conversion plant, which uses our proprietary process technologies.
We are headquartered in Perth, and that's where our technical capability is. We've got a demonstration plant there. The upstream asset is in Namibia; it's the Karibib project. That's where we will be redeveloping two open-pit mines and building the concentrator, and we'll be shipping the concentrate from there to the chemical processing plant in Abu Dhabi.
And at the end of the last quarter, we're well funded with over $7 million in cash and no debt.
This slide here gives you an indication as to the journey that we've been on over the last eight or nine years. It started off in 2013 with the technology as just a concept. By 2016, that had developed sufficiently for the company to list when it needed more
Lepidico Ltd at 121 Mining Investment Cape Town Conference Transcript
May 09, 2022
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