General Discussion, page-601

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19/04/24

06:57

Post #: 73417148
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Originally posted by mechanic ↑

well here we are with the foundations of a business, lets pretend this is a custom designed house with all the foundations laid and a precariuos situation of finance to actually build this bespoke masterpiece, whats the land worth with its unique foundations well probably far less than a block of land without the foundations because they are worthless without the house. I have been in this situation many times and have missed out on fortunes , I thought it would be different this time with all the excitement a whole sector moving and you look at relative values and tell yourself well. it defies logic but must be fair value. This is the dilemma we all face with stocks. The value of the entire emerging Li sector has been driven down with a background of unprecedented events that have created unexpected delays , while many are scared and selling and others are selling to buy entitlements there are still others who will be buying because this cycle has been repeated numerous times in other emerging producers of almost anything. Every time I have exited a stock in this position I have lost the greatest of the momentum as it moves to production. The conversations on this forum are no different to those others all driven by fear and greed. It might be inconvenient but two years can make an enormous difference , 4 years with established production can be the dream of a lifetime . I sold FMG when it was in this same position of doubt barely a producer and yet if I had held for 4 years longer I would have recovered my entire investment in dividends, PLS sold did well but 4 years more would have quadrupled ,the did well ,to something extraordinary there are others. ,So choices are simple stay or leave I believe LPD have every chance of success the foundations are laid we just need a plant to get underway I will not be selling until they are a producer the ESC credentials alone are incredible and its hard to imagine once established as a credible entity there will most likely be more plants which is a very different scenario to a traditional mining operation , LPD is a chemical company not a miner as such and its operations can be potentially replicated across numerous sites around the globe thats what makes this different.

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Agree. All we need is a management team that can make it happen instead of a management team that are more interested in lining their own pockets.!!

LPD Price at posting: 0.3¢ Sentiment: None Disclosure: Held
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Last 0.2¢		Change -0.001(20.0%)		Mkt cap ! $17.17M

Open	High	Low	Value	Volume
0.2¢	0.2¢	0.2¢	$515	257.6K

Buyers (Bids)

No.	Vol.	Price($)
18	15634162	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	57795359	66

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No.	Vol.	Price($)
18	15634162	0.002
138	280693636	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	57795359	66
0.004	27913249	34
0.005	9080858	12
0.006	7564226	13
0.007	2259531	4

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General Discussion, page-601

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General Discussion, page-601

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