I had a contract note come through this morning. I'd forgotten all about a buy order I had in at 6 cents!!.
But I'm happy to take them as I feel long term, 6 cents will prove to be good buying - even though it may not feel like it right now.
Momentum can shift on a dime. At some stage everyone will want to get into Lithium Mark 3 for another run.
In general, I'm not a buyer of stocks at the moment but when I think about the one or two best prospects in my entire portfolio for future growth, LPD sticks out like the proverbial to me.
Why - because if it is successful, it will be at the very bottom of the cost curve for LCE production. This will become more important as time goes on. The spodumene producers will set the price as they are the highest cost producers, the brine producers will rake it in, and LPD will absolutely KILL it with a close to neutral cost technology.
Of course it all needs to be proven on a commercial scale but gee, if it is indeed proven I don't think $1 per share is out of the question in 5 years time. LPD remains the best risk versus reward stock in my portfolio - and I have some gems.
- Forums
- ASX - By Stock
- LPD
- Ann: Quarterly Activities Report and Cashflow
Ann: Quarterly Activities Report and Cashflow, page-80
-
- There are more pages in this discussion • 78 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LPD (ASX) to my watchlist
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $3.073K | 1.539M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
119 | 260463343 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 25025657 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
119 | 260463343 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 2338425 | 3 |
0.003 | 54343780 | 58 |
0.004 | 31324881 | 39 |
0.005 | 12959877 | 10 |
0.006 | 8537559 | 12 |
Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
Featured News
LPD (ASX) Chart |