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Ann: Desert Lion Merger and Entitlements Issue, page-102

  1. Sharpey
    2,237 Posts.
    lightbulb Created with Sketch. 4001
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    08/05/19
    16:43
    Post #: 38471928
    Here you go @sqe. They stopped production due to the Chinese price dropping:

    https://www.desertlionenergy.com/news-and-media/news-releases/2018/desert-lion-energy-initiates-strategic-review

    Hence why their share price tanked. The plan to self-fund growth didn't work out and they ended up a bit stranded.
    LPD Price at posting: 3.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 21  Upvote
    lightbulb Created with Sketch.  Great analysis
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