Thank you very much @poorserf. That means a lot coming from you. You've been in nearly as long as I have and through all my silent years of reading, I've always appreciated your cheerful presence, your unshakeable conviction and...your platypus avatar. I agree with all your points, except selfishly I hope there's not an announcement next week, as my daughter decided to roll her super into my SMSF and we're still waiting for the ATO to add her. 3 weeks now and counting. I'm hoping @jaydee74's charts and crystal ball from last week (Post #:57643294) are correct and we consolidate around here, before moving back into the 5's, but the action Friday afternoon was more than a little bullish, so knows? I'm glad Monday is tomorrow. Haha.
Regarding LPD's historic share price vacillations, there are a couple of thoughts I've meant to share, whilst many here have been discussing valuation. I'll try to get to it tomorrow and will post on our share price thread. Btw I appreciate everyone's forbearance with how long my posts often are. I don't intend them to be and when I first starting posting, apologised a fair bit. After years of reading, my intent is to share and of course support whatever opinion I'm spouting. The good news is I'm nearly through my list of items (and open tabs). It's taken me far longer than I thought it would, but that's only because Lepidico has been progressing so rapidly of late and churning out the announcements. Since July, my intent has only been to pass on pertinent info before big announcements drop, announcements that most likely will make our share price more expensive. I promised @Learning_2B1 as much a couple of weeks ago, which is why I've been bombing the boards lately. Almost done.
@Georgesriver10 Apologies it's taken me a couple of days to get back to you, but as @BeerAndSkittles and @Pistelero already responded, our ASX announcements well cover your queries, including last Thursday's to me on another thread "Do you see deals around the corner mate." Long-term holders here are generous with their knowledge, but DYOR is always advisable. We can then all look forward to your contributions too.
As this is the "Lithium Related News" thread and as no one else has posted it yet, here's a 2 day old article by Time magazine on the US House of Representatives passing Biden's $1.75 trillion Build Back Better bill. What a great place the US will be for a Phase 2 plant....
$555 billion to fight climate change
The biggest sum of money in the bill is set aside for climate-related provisions, which the White House hopes will allow Biden to deliver on his goal to halve carbon emissions by 2030. The bulk of clean energy spending—$320 billion—comes in the form of tax credits for companies and consumers that install solar panels, improve the energy efficiency of buildings and purchase electric vehicles. The Biden Administration says the tax breaks could cut the overall cost of installing rooftop solar panels by around 30%, as well as lower the cost of electric vehicles by $12,500.
I agree with all your points, except selfishly I hope there's not an announcement next week, as my daughter decided to roll her super into my SMSF and we're still waiting for the ATO to add her. 3 weeks now and counting. I'm hoping @jaydee74's charts and crystal ball from last week (Post #: 57643294) are correct and we consolidate around here, before moving back into the 5's, but the action Friday afternoon was more than a little bullish, so knows? I'm glad Monday is tomorrow. Haha.
(20min delay)