Sorry, but I can't share all the enthusiasm here.
LPD have mucked around trying to be a prospector/miner/developer/seller for over 2 years and presided over a share price that has tanked 73% from January highs of 7.1c.
Now they raise more funds to build a customer sample. Really? Who woulda thunk that the customer might not want to buy the Tonka truck model until they knew it woudl carry the load? You couldn't see this requirement at 6c or 5c or even 3c without having to dilute the crap out of value at 1.9c, or worse.
Now before I get rammed into the HC ground with that statement that they already had the mini-plant etc etc, so what? It takes 2 years of talking to off-take customers to now realise you need that bigger model? Exactly how many prospects have LPD been really talking to or was GXY pissing in their pockets the whole time?
I hope the SP sky-rockets on this announcement, but until LPD actually have a customer, or they actually have a defined resource, or they actually have a scoping study with fully financed options it's back in the bottom draw for another year. All IMHO and as a LT holder and continue to hold, but I truly hope that this last throw of the dice gets results.
- Forums
- ASX - By Stock
- LPD
- Ann: Pilot Plant to Facilitate Finance and Offtake Alternatives
Ann: Pilot Plant to Facilitate Finance and Offtake Alternatives, page-17
-
- There are more pages in this discussion • 30 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
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
156 | 137252686 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 62275194 | 47 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
156 | 137252686 | 0.002 |
38 | 165484806 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 62275194 | 47 |
0.004 | 34096801 | 35 |
0.005 | 10846545 | 10 |
0.006 | 8096154 | 14 |
0.007 | 3759530 | 4 |
Last trade - 11.05am 30/07/2024 (20 minute delay) ? |
Featured News
LPD (ASX) Chart |
Day chart unavailable
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online