lpd share price, page-2858

"The team don't want to consolidate yet as stated at last years agm. We still have at least one more cap raising to go in my opinion before we have a final investment decision."


Totally agree Burgo if LPD wish to retain maximum WI in the project and keep debt to a minimum , which itself has long term benefits, then more cash will need to be raised from investors .
Serious Investors sitting on outside looking in are well aware of that and also the other aspect that puts a dampener on a shareprice and shareholder enthusiasm, time ....LPD has first got to prove both processes ( its of to a great start) go through a DFS and any permitting require to build a larger plant , at the same time have the product qualified by potential offtake partners and only then can they get an offtake agreement that will likely involve some project funding..AGY has a lot of similarities to LPD so makes for a good guide on issues and timelines IMO.

All of these are normal processes for startups and will probably take most of next year to achieve, in the meantime we have no income.
Like most of these startups it's all about future potential and LPD has plenty , but comes with no guarantee, in the meantime it's more about patience , building a Company from scratch takes years.

The day to day shareprice will move around on news and more so Lithium sentiment but won't get real and lasting traction untill the above has been sorted IMO.

LPD like other spec stocks come under the category of only putting into it what you can comfortably afford to lose if you wish to sleep well and avoid stress , just keep them in the bottom drawer and wait, something that many posters on HC struggle with, taking a short term approach on a long term project is always going to be difficult..

Cheers Whisky