Yes an ann is due & the SP might spike!
It could get to 2.5 cents, but the last time it was there the short sellers opened up their positions & the SP fell.
It doesn't change the fundamentals of the stock.
1. No financing to build P1.
2. Probably more shares to be issued to fund P1 plant.
3. No customers for battery grade chemicals.
4. An uneconomical mine in Namibia who couldn't generate a profit moving Lithium ore just sitting in the sun, below is the link to my claim & with links to websites.
https://hotcopper.com.au/threads/an...145664/page-194?post_id=42155059#.Xhicw2fV6M8
5. LPD board still isn't buying any oppies issued to them & no "on market" buying of shares for 3 years.
6. Probable CR this year, below is the link to my claim with links to websites.
https://hotcopper.com.au/threads/an...5034595/page-91?post_id=42125707#.XhifLGfV6M8
7. No profits.
8. No revenues.
9. No cash on hand in 4 months time.
But yes, there's a good ann coming, I agree!!
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