I'm out.., page-92

I've held LWP when it was languishing as CKK. Was foolish not to sell into that speculative rally into 2.5c but learnt my lesson and sold shortly after relisting for a profit. The endless share issues and dilutions were not followed by actual results, and the JV was disappointing. Investor roadshows clearly did nothing for the SP either. The low price of oil has put a cap on all proppant manufacturers' SP since no shale oil facility is profitable at $30 a barrel.

Enough cash to last until the end of the year (maybe) if they dont expend cash on some other useless plant but there will have to be a capital raise (more dilution) before then. Theres little appetite for risk in this market ATM, especially when you're talking about speculative nanocaps dealing in oil related tech, and the continuous downtrend since listing shows. GLTA.