Ann: Renounceable Entitlements Offer to Fund Phase 1 Development, page-127

Go back and read this post and your last one. You are comparing the companies but when and how they raise capital the reality is even that is no comparison. You said it best you can’t compare the two one digs rocks out of the ground and the other is a chemical producer.. one is a proven method the other is not yet proven.. NOT YET PROVEN.. this company has ridden the back of this patented tech for years and promised/suggested/targeted whatever word you want to use timeframes for delivery.. looking at charts for both stocks they both began to rise at the same time.. one kept going.

The asx is a a fair playing ground.. when a company has 7 billion shares out there there’s not much you can do.. you have to consolidate.. on first look people see that. They can see the stock is heavily diluted. They have to consolidate to make themselves appear better to bigger investors.

CXO has managed to get its operations of the ground in Oz but LPD is doing its yards in Africa.. which investors are going there and seeing that? Or the UAE? All these pennies push these operations offshore when they can’t get lift off on their own soil.

I hope everyone is right and I’m wrong. I don’t want to see people lose money. I’ve seen that happen and that’s why I provide a balanced argument. They could well fo everything they’ve said they are going to do.. they haven’t yet and if they I’ll gladly let you guys gloat.. I bet there’s many people here sitting at big losses and very few sitting in profit.. the ones that are sitting in profit have seen massive drops in the sp. you can compare elsewhere if you like but we are talking about this stock with what’s needed to get off the ground..