I know the LPD very very well so recongised that instantly as the one your talking about and it is a technology play that is revolutionising hard rock lithium deposits -
The price appreciation was due to the LIT taxkover failing and LIT selling out & GXY partnership
The fact it did a CR at the same time those NRs came out was the only reason the share price didn't go back to 1.0 where it was heading prior to the LIT selling out NR - and then exploded combined with the GXY strategic placement and partnership moving forward
So comparing apples to apples is a good idea
But cobalt is the lithium plays of 1 or 2 years ago - has made some investors some serious $ and still is
While they are hot they will be making big $ for investors that's for sure
Just keep a tight stop loss and sell on the way up is something I always follow ( and it saved my
Big time recently with AYR )
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