6GW per month (actually i think it was closer to 7GW the last couple of months) was the going conversion rate when we were limited by our cash at bank. It was a responsible conversion rate without needing to do another raise and in the absence of finance. Now that we are about to be generating free cash (the next quarterly by my calculations), I expect not only those funds to be injected back into faster conversions. But we will see a financing deal with much more attractive terms (now that we can show a bank we are profitable and will continue to be so).
So i think you will see that conversion rate inch up towards 10GW per month and beyond. Ben has confirmed they still feel on target to reach 450GW in 2020 and they haven't missed a target yet.
- Forums
- ASX - By Stock
- LPE
- Ann: DIRECTORS ESCROW 91% OF HOLDINGS
Ann: DIRECTORS ESCROW 91% OF HOLDINGS, page-44
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LPE (ASX) to my watchlist
|
|||||
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.72M |
Open | High | Low | Value | Volume |
11.5¢ | 11.5¢ | 11.5¢ | $1.237K | 10.75K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 91731 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 481702 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 91731 | 0.115 |
4 | 1363012 | 0.110 |
4 | 120135000 | 0.105 |
2 | 70250 | 0.100 |
1 | 100000 | 0.084 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 481702 | 4 |
0.125 | 166967 | 4 |
0.130 | 224234 | 4 |
0.135 | 300086 | 3 |
0.140 | 250000 | 1 |
Last trade - 15.15pm 24/07/2024 (20 minute delay) ? |
Featured News
LPE (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online