LWP SHAREHOLDER UPDATE
September 13 2016
Energy technology company LWP Technologies Limited (ASX:LWP) (“LWP” “the Company”) continues to focus its efforts on monetising its two core energy technologies, the fly ash proppants, and the newly added GraphenEra business.
- LWP is fully funded to continue developing its proppant and GraphenEra technologies
- Solid progress being made of Hallmark JV on planned Pune plant upgrade – a key focus for LWP
- New testing program of proppants initiated following new growing industry inquiry in proppant technology
- Receipt of first tranche of new $835 k funding facility is imminent
- LWP well-funded with cash reserves and saleable equities totalling $ 2.85 million before new funding facility
http://lwptech.com/asx-announcement/lwp-shareholder-update-3/
October 31 2016
Cash and cash equivalents $1.591m, amazing how much changes in a few weeks with this company.
Is it a good time to open the consolidation and next CR date sweepstake?
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