I'm not sure as to being fully funded to get LPD through to production. The company is going to need some form of outside financing. Whether that comes in Off-take agreements, debt financing, cornerstone investor, JV et al remains to be seen.
At the moment this matter is yet to be determined. One cannot keep saying everything is going to be OK once this or that happens. This was being said about the pilot plant. We all saw what there ex-post. A (professional) speculator/trader undertook a market operation to drive the price down.Don't take this as a negative view on LPD, its not meant to be. It is one that is trying to realistically understand the trading psyche of current sentiment given the world situation and how to neutralise the crisis ahead of us all.
Cheers.
PS My operating system has trouble with the new platform
sorry for triplicate inserts.
lpd share price, page-2912
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $330 | 115K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 182 | 207868059 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 107424387 | 55 |
View Market Depth
| Last trade - 10.44am 05/07/2024 (20 minute delay) ? |
| LPD (ASX) Chart |