Going to be a long road back for LWP, but the oil industry is now certainly through the worst of it.
This is what we were all waiting for, but sadly due to chasing multiple harebrained schemes in the meantime, it will likely only get LWP back to 0.3c.
But that would be a start and an important platform in any potential price recovery for this stock.
How much are we hoping to get back from RnD tax rebates by the end of this year, or are they all included in that figure of 2-3 mill cash left?
US Rig count on the rise, page-5
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