General Discussion, page-1004

First 1004 Last

Share
Profile

Follow
Bullrush007

5,661 Posts.

669

19/06/24

09:43

Post #: 74382921
Share

Originally posted by EDTD: ↑

Thanks Apuesta.

I also wrote to Joe in the last week, primarily focused on understanding cost controls. He replied saying most of it had already been put out to the market, but mentioned:
1. Mothballing of Namibian accommodation camp
2. Lapse of Namibia and Vancouver leases
3. Non-renewal or significant trimming of contractors
4. Deferral of short term incentives for management in CY23, no prospect of further.

I mentioned I'd seen other companies convert cash salaries to future incentives to save cash but that idea was not engaged with in response.

He agreed with me that tax loss selling was not helpful but that no update outside of the one we are waiting for would put a floor under the SP. I disagreed and argued the psychological benefit of regular comms for twitchy retail holders. I want to see improved form of comms - for example, it wouldn't hurt to provide two paragraphs and a table summarising the net cash burn reduction rate of all those listed initiatives so it's all in one place rather than across 2 or 3 announcements.

I think the whining on this forum is beyond pathetic at times and revealing of either an agenda or little understanding that you don't talk about what's happening inside a deal until its done to protect your own position and to make sure the other side remains at the table. Having said that, manner, tone and even regularity of minor general updates would have potentially done a bit more to stave off half a*sed capital raises at basement prices. I still believe they are battling external forces mostly outside their control, and we still could succeed albeit under likely unfavourable terms.

Expand

excuses they have no position as they’ve made terrible strategic decisions. Most companies announce MOUs

LPD can’t even announce any MOUs

slaps you in the face doesn’t it

what did Cornish Lithium have to say at the Cornwall mining conference?

LPD Price at posting: 0.3¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

I88

Large fault structure and uranium anomalies picked up by Infini at Newfoundland play

29M

High-grade copper results provide some relief to 29Metals after earlier mine shutdown

HBF to throw 10% vote behind NDC BidCo's buyout of Pacific Smiles Group

Biden's exit bakes in a Kamala Harris ballot while markets expect Trump to win. How could equities fare this week?

PH2

Pure Hydrogen inks MOU for 5 hydrogen buses in Saigon – days after Twiggy's FFI reeled back in

There are more pages in this discussion • 66 more messages in this thread...

First 1004 Last

Add LPD (ASX) to my watchlist

(20min delay)
Last 0.3¢		Change 0.001(50.0%)		Mkt cap ! $25.76M

Open	High	Low	Value	Volume
0.2¢	0.3¢	0.2¢	$33.54K	16.76M

Buyers (Bids)

No.	Vol.	Price($)
155	139410799	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	91589590	51

View Market Depth

No.	Vol.	Price($)
155	139410799	0.002
47	181739247	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	61589590	50
0.004	34250390	38
0.005	11136545	11
0.006	9296154	15
0.007	4963896	6

Last trade - 16.10pm 22/07/2024 (20 minute delay)

LPD (ASX) Chart

General Discussion, page-1004

Large fault structure and uranium anomalies picked up by Infini at Newfoundland play

High-grade copper results provide some relief to 29Metals after earlier mine shutdown

HBF to throw 10% vote behind NDC BidCo's buyout of Pacific Smiles Group

Biden's exit bakes in a Kamala Harris ballot while markets expect Trump to win. How could equities fare this week?

Pure Hydrogen inks MOU for 5 hydrogen buses in Saigon – days after Twiggy's FFI reeled back in

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

General Discussion, page-1004

Top Stories

Large fault structure and uranium anomalies picked up by Infini at Newfoundland play

High-grade copper results provide some relief to 29Metals after earlier mine shutdown

HBF to throw 10% vote behind NDC BidCo's buyout of Pacific Smiles Group

Biden's exit bakes in a Kamala Harris ballot while markets expect Trump to win. How could equities fare this week?

Pure Hydrogen inks MOU for 5 hydrogen buses in Saigon – days after Twiggy's FFI reeled back in

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News