Relative valuations, page-5

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DV0993

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27/03/18

08:15

Post #: 32043961
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Originally posted by vmp ↑

@Sharpey morning you seem to have stopped halving surfarosa’s and my targets . We need you to put your peer comparisons in a simple spread sheet when you have the luxury of time so it can be updated easily in the coming months, you will need a lot of updating as we progress. And it will help a lot of those who cannot see where this is headed. (If you can’t, it’s okay, someone in the team would be able to do it for us eventually.)

@surfarosa I don’t want to be responsible if someone will have a heart attack for losing his money or gaining 60 fold from here, both are recipe for triggers.

Why we’re 4.2c? Because it’s the same reason we were 1.1c this time last year. We don’t have in our announcements the words ‘biggest resource’, ‘bonanza grades’ and the like. Also we don’t have a cheerleader and applauders. Also people believe the market is always right. So whether LPD is 4.2 cents, 1.1c or 30c, people believe the market is correct as you can see from @Sharpey ‘s post. Those who understand the potential value are the ones who will retire faster. Cheers

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Exactly! It certainly feels like the 1.1 days, except now we're in the 4s AND we have a lot more going on AND we're further down the timeline.

LPD Price at posting: 4.3¢ Sentiment: Buy Disclosure: Held
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