LPD 20.0% 0.2¢ lepidico ltd

lpd share price, page-15774

  1. 2,033 Posts.
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    Yeah pretty piss weak.

    Thought this concern would arise and have been proven correct. Company surely would have had a good idea that no dollars would be forthcoming from the DFC until the more expensive chemical plant was funded. Any management would have looked into this first. Nobody lends 50 million without a locked in finance arrangement to pay it back.

    JW also stuttered around when pressed on the UAE finance in the last interview. So not really great signs. If an everyday retail investor can pick up on it, then the interviewer needed to raise this also. Instead, they let the company give the interview they wanted and not necessarily for its shareholders.

    So not sure the picture poytrayed in the interview was quite as rosy as it currently is. Really should have been addressed in the last interview.

    200 million odd now required before a ball is kicked and good chance 2023 will draw a blank unless there are some real rabbits in the hat.

    Lots of work for LPD to do…


    Last edited by Ddog157: 26/04/23
 
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