4th March Corporate Presentation, page-175

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Stuka

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17/03/16

20:16

Post #: 17304388
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Originally posted by Tcell ↑

The risk vs reward profile of LWP is now terrible imo
If management can actually get a contract to sell their propant, I will be amazed and very happy

Everything globally is working against the fracking industry:

Analysts generally agree POO will remain between $25 and $40 a barrel in the next 12-18 months
They similarly predict that it may be over 24 months before POO gets to $60 a barrel
At these prices they predict over 50% of shale oil producers in the US to go bankrupt in 2016
Then there is global sentiment growing and working against fracking
Then there is global sentiment working against fossil fuel tech

Make no mistake the SP reflects the risk vs reward profile of LWP
Make no mistake many who are still holding are only doing so looking for a spike to exit, making the road to recovery on positive news a very very long road especially with the size of the share register. These holders havent had a chance since Sept 2015
Make no mistake many rampers on this forum know exactly what I am talking about and are unscrupulous individuals looking to create such a SP spike to facilitate their exit, the rest are deluded beyond reason.

I am not telling you to sell or buy, I am just sharing my thoughts[/QUOTE

So its a long term proposition no kidding? By the way the sooner a bunch of oil producers go out of business the better. Oil will go.up in price as sure as the sun rises and fracking will continue unfortunately.

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LWP Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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4th March Corporate Presentation, page-175

Top Stories

Steadfast Group sees $600M wiped off on resumed trades after Four Corners feature

Global Lithium latest hit by lithium downturn; shares fall -10% as Manna DFS paused

Duratec snags $76.5M in works from Woodside and Defence respectively - including spy network upgrade

Firebird snaffles Environmental Permit for Jinshi plant

FBR's robotic home construction tech passes first US early-stage structural compliance check

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