Well she hit 1.1 cents before March 2020.A bit earlier than I...

First 101 Last

Share
Profile

Follow
ProCapitalism

4,441 Posts.

1600

21/02/20

15:14

Post #: 43074554
Share

Originally posted by ProCapitalism: ↑

Don't fret my friend!!

You're before your time!!

PFS was due in March 2020 it's now been pushed back to May 2020.

Production from a P1 plant, projected from 3 years ago, was due in the first quarter of 2019!!

About $4 million left on the books from the last quarter as of December 2019, it's now Feb 2020. Projected to burn through $1.5 - $2 million the next quarter to the end of March 2020.

That leaves around $2.5 million on the books by the end of this current quarter.

I thought LPD would be out of cash by end of April, it looks as though it might be the end of July 2020 LPD might be asking shareholders for cash??

Any good anns due between now & the end of March??

I suspect 1.1 cent will be hitbefore the end of March 2020.

The decending triangle has been broken, support is now 1 - 1.1 cent zone!!

If it wasn't for the 10 million shares on the buy side sitting at 0.001 cents the buy/sell side difference would be HUGE!!

Expand

Well she hit 1.1 cents before March 2020.

A bit earlier than I expected!!

I thought it would be at least another 2 weeks or so.

The 1 - 1.1 cent is a critical support zone. If that fails we are heading towards 0.008 which was the price prediction from my post that identified the head & shoulders chart pattern.

Perhaps all the buyers sitting at 0.001 with 16 million shares are onto something??

Not too long ago (a few months) on these threads holders were expecting 3, 4 & 5 cents a share. Now we are starring down the barrel of 0.009 or lower.

LPD Price at posting: 1.1¢ Sentiment: None Disclosure: Not Held
2 Upvote

1 Great analysis

Reply