Buyers still have some work to do but are holding higher levels

Potential Buy Entry Alert to Watch LPD

Time Frame : Daily/Weekly

Sector : Materials/Basic Materials

Key Stats : $93.97 Million Market Cap, VWAP 0.028, ASX Ranking 752, 4 Week Av Turnover $200,051, Current Turnover (Intraday as at time of alert) $23,481.

Company Overview : Lepidico Ltd (LPD) is a lithium company with global interests in those assets containing lithium-rich mica minerals. Lepidico is the 100% owner and developer of the L-Max technology, a proprietary process which has the potential to commercially extract lithium and other valuable by-products from unconventional sources.

Broker Consensus : Not covered by a major broker

LPD – Lepidico Limited

LPD is on the move recently pushing higher off support on good volume. We expect that price still has some work to do to clear out some weak buyers from the capital raising at 0.019 last year. Once we see some confirmation that buyers continue to hold higher levels, we expect to see some positive news to get the ball rolling and buyers to pick up the pace for a move up.

Stock Code : LPD – Lepidico Limited

Company Website : www.lepidico.com

for entryCurrent Price : 0.028

Status : On watch for potential higher low for entry