It's the way I like, they grow at a constant rate of 7 GWh per month while each month the billing increases by the same amount - the result is profitability soon. Of course the July 4C will show a $ 6-8m quarterly loss as for accounting reasons the next milestone shares will be accounted for as a loss. That means fortunately both milestone shares loads will be part of the annual report declaration 16 / 17 and from the Q1 2017 / 18 report we should see positive numbers reported - unless, they expand on a much higher rate. But the underlying operational business is profitable and that is the trigger for the big guys to be allowed to buy. Had a talk to one of the Sunsuper buyers again and LPE is on their cards.
That means we could see strong buying by August. Until then I enjoy the cheap buying opportunity. Impatient holders and the remaining CR sharks will continue to sell but to buy low shares they must be offered low and that is what LT investors will attract to LPE. So sellers, quench your desire and prepare a huge wealth foundation for those who are able to see the bigger picture.
GLTA
LPE Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
