LWP Discussion, page-8

May I suggest leaving management to perform their duties, emailing them and harassing them for the current holdings list will only cause them headaches.

At the moment it's pretty clear that whilst Ziggy is in America he is keeping busy....... doing what? Well that's all speculation.

What we do know:

• Market cap at today's price $23.58million.
  
• Cash on hand roughly $8.2 mil
  
• Hallmark JV in India
  • 60/40 Plant (Total value of $20.8 mil)
  • 60% of the plant is roughly $15 mil AUD replacement cost at today's exchange rate
    
• Pilot plant (Clontarf, QLD) = AU$3 million.
  • Plant producing propant from fly ash from multiple regions (US, Canada, Australia, India, China) to send off for independent testing
  • Most likely has had in house testing performed before sending off to independent labs
    
• There are talks in the works with potential JV or licensing deals in Asia and the Americas
  

It's also fairly clear that the price is being held down, it doesn't take a professional chartist or market wizard to see that valuation of the tech and the market potential is not being priced in.
Additionally with the rinse repeat cycles and dumping currently we are seeing levels that are nearing the CR price of the CKK days... a lot of old holders who were in profit are now seeing red.


Now...

Looking forward:

• We await results from independent testing
  
  
• We will most likely IMO see results paired with a JV
  
  
• Following this I wouldn't be surprised if we see a big push in PR more road shows in the Americas and Asia
  
  
• Potentially a TO bid
  
  
• Upward momentum and valuation of the tech priced in

Until results are back, have patience, PLEASE DO NOT harass management