Hi @Lefevre. It is a great result to have 12mill raised over a roadshow trip. In fact it only solidifies the confidence in the near future resource upgrade hence i am holding tight. Recent low volume sell might be due to macro-economic/political reasons or other then long term confidence in LPI.
It is simply disappointing to make statements on the lines such as "we are cashed up and ready to rock and roll" and then a week or two later raise 12mill. Just shows their vulnerability as the management who will cave in for the interest of institutions without caring for retail investors. What else will they say and then do remains to be seen
GLA
Ann: $12M DOMESTIC AND INTERNATIONAL INSTITUTIONAL PLACEMENT, page-26
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