Unfortunately this is a "seeing is believing market" we're in. Until LPI (and nearby NLC) announce off take / funding and the project is a go the share price won't move. Currently AJM etc are in production and still getting hammered.
As milestones get achieved we move closer to funding - there are lots of companies announcing solid PFS / BFS numbers and getting sold off. We just have to wait and be patient.
The "good" news is that LPI seems to have very strong support around these price levels. Lots of volume has gone through around 27c-30c - hopefully meaning shares are now in stronger hands.
- Forums
- ASX - By Stock
- LPI
- Ann: Environmental Impact Assessment (EIA) Submitted
Ann: Environmental Impact Assessment (EIA) Submitted, page-36
-
- There are more pages in this discussion • 24 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 LPI (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online