In line with the topic "Looking Forward", here's a question...
What is the probability do you think LWP share price will be in percentage (below or above 0.4c) in the next 2 years?
Below or same as 0.4c = __%
Above or same as 0.4c = __%
Before answering that question, take a look at historical chart...
Past 2 years it is mostly above the 0.4c range around 80% of the time and that is with no contract sales, before proppant tech is tested, Hallmark JV, graphene news, etc. The pricing at that time I believe is due to share holder sentiment/speculation mostly.
Disclaimer: Past performance is no guarantee of future results
Here's a good article
http://beginnersinvest.about.com/od/investstrategiesstyles/a/aa081906a.htm
So how do you gauge LWP moving forward, well it comes down to the scenarios below...
1. Sales of proppant contract (how much will they earn moving forward?)
2. Graphene battery tech prototype (secondary)
LWP has cash reserve for at least 4years, so in the next 4 years what is the chances of the above scenarios?
By answering that, it will help you decide whether LWP is worth anything.
