Logzy you have been around a while and so have you Tommo. So I am not sure you are day traders.
In the event you aren't you've got every right to be annoyed about the delay and the waiting - we were meant to be up and running 2 years ago so your frustration is well warranted. I am also annoyed, and I emailed the company last week asking about the status of the promised offtake back to backs coming 'mid year' (which I note, it is no longer), expecting to be told 'commercial in confidence', and got no response, which is disheartening.
At the same time, in the event you are both just regular holders and aren't playing some typical HC game, consider the other side of the ledger - the company still has a little bit of cash left, has been pretty well validated by the Cornish lithium licence and subsequent funding, BASF offtake, is cleared to build under local planning laws.
As others have mentioned we've got COP28 coming up which is politically nice timing for announcing UAE's contribution to the world of green energy, and a speculated issue in the potential for sovereign wealth investment by UAE at the same time as DFC funding. As I've said before, I think our issue is one of governance and optics, which is not insurmountable, unlike technology that does not work.
LPD has a record of missing/moving timing goals it is absolutely true, but no-one can predict the future, and they are somewhat damned if they do and damned if they don't. If they hadn't indicated a timeframe, we'd be spitting chips. They have given us a timeframe, and it seems external pressures have meant it was not conservative enough, so we are spitting chips also.
So I implore you to sit back and try and swallow a few more months on top of your years since Platypus. I am 50% down, but I think it is very hard to find reasons we might be down the toilet anytime soon, the opposite is more likely true (in my view). All the best to you both, and to you Ktex, everyone's view is valid.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $932 | 466.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 16677851 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 55847377 | 57 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 16677851 | 0.002 |
139 | 286794636 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 54147377 | 56 |
0.004 | 27579916 | 33 |
0.005 | 9080858 | 12 |
0.006 | 7501726 | 12 |
0.007 | 2259531 | 4 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
LPD (ASX) Chart |
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