@GeorgesriverMany have said that previously - "need a few solid...

@Georgesriver
Many have said that previously - "need a few solid announcements for that price mate" - to break out of the low 2c's. LPD has broken the shackles and moved to 4c and above. This being achieved mainly by investor recognition that it is a business which is greatly undervalued at a MC of the $100m and the revaluation now taking it to $250m; and $350m by the time LPDOB are exercised. The next stage will be news driven.

I say this confidently as there are imminently, as you put it, a great number of announcement to hit the ASX going forward to the remaining time of the end of financial year 2021/2:

1. Expansion of minedrill results.
2. Off-take cornerstone investor (or BASF, still a possibility)?
3. Results of Rb and Cs samples from pilot plantin Wa to potential OT partners.
4. a) US funding approved on mine.
b) Commercial lenders signed-up for chemical plant.
5. Mine development at Karibib, concentrator build.
6. More Li OT partners.
7. Caesium OT.
8. Tier One lithium OT partner /funding deal.
9. Engineering & Construction of Kadiz chemical plant.
10. News on the P2P location.
a) MOUs for P2P products
11. More Rb,Cs and silicon OT.
12. Fast track production for P2P.
13. Additional licensing of IP and associated royalties

Most of the current price increase is due, imo, to recognition of the company being revalued to its progressive development and its future NPV earnings potential, previously this hasn't been appreciated.

Moving forward, as the news flow accelerates price movement will adjust to this flow as it is added to valuation models institutions use to assess their money flows into their investments.

Expect to see some changes and new names listed in the T20 as we progress through the next couple of years.