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ProCapitalism

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24/02/20

19:46

Post #: 43121556
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Originally posted by R08: ↑

Can we for a moment consider a sentiment here from a prevalent poster that is directly relevant to both sides of the argument on LPD.

https://hotcopper.com.au/posts/42548452/single

Suggesting GXY's downturn is needed as a consolidating period, great for the stock you say....That the Lithium sector is improving. Your GXY chart looks very similar to ours although you are so positive on your prospects there at GXY.

https://hotcopper.com.au/posts/43104768/single

Then, we at LPD are getting smashed, lithium sector is horrible and unpredictable, confidence is down. Directors don't buy stock - although they did participate IN FULL on every prior raise. I don't see GXY management buying shares on market in their coy ??

Mate....this is a very relevant and informative post on my behalf in discussing our company at LPD. Why ?? Well, due to your obsession in recent times posting here and ever so negatively - goes against the same sector sentiment you state on the GXY threads. So is it any wonder then that you have basically stopped posting at GXY and LIT because that would prove farcical against the points you make here at LPD ?

All appears highly contradictive and hypocritical to me.

Expand

I said what looks to be!! I never said it has improved!!

The lithium sector is horrible in Oz!! All LPD readers go & read the threads of the lithium companies here in Oz & have a look at the challenges they face!!

You don't do your research very well, the GXY board has been buying on market shares for years!!

They haven't sold any for years!!

Are you seriously going to compare LPD to GXY??

GXY is in a totally different league!!

You're comparing apples to oranges.

GXY has a massive amount of COH!
Paying customers!
Signed contracts for delivery of spod!
Income producing assets!
Isn't operating in unstable parts of the world!
Huge assets to develop & the money to do it!
Huge multi hundred million dollar assets to sell if things go wrong!!
Lower SOI, which means the SP can move higher & faster!
GXY is one of the biggest lithium companies in Oz!
No debt!

You can't compare 2 different companies & apply the same analysis!!!

GXY SP has a different dynamic to LPD's any chartie will tell you that!

Could LPD raise $100 million dollars tomorrow by selling assets??

NO!!!

GXY can!!!

LPD Price at posting: 1.1¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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