The other problem of LPM is - when (good timing) and how to effectively release.
For example in the last update, I would've used "50m at 1.83% Li new discoveries, Uranium initiative and business update".
Jenny's drill failure would then absorb into others, excellent updates. Instead, Bin made lengthy long sentence explanation of how the results were not good.
There would never be 100% hits everyone knows it, that's normal
LPM has about 12 prospects, Lei and Perseverance have had great success while Jenny was a step back. Who cares, there are still a lot other prospects untouched right next to CXO's 48Mt discoveries.
The directors should learn how WR1 has been releasing market updates recently.
The latest was "Drilling discovers 61m at 1.62% Li2O" and see how the market reacted after. That's even smaller size than LPM's 80m combined in latest update in which 30m at 1.71% is from 300m so, not so deep.
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1 | 32000 | 0.093 |
1 | 100000 | 0.092 |
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Price($) | Vol. | No. |
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0.110 | 430000 | 2 |
0.115 | 100000 | 1 |
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