lpd share price, page-4377

@Naughtpatjoe I'd suggest either a break from watching the SP or to contact Joe about your concerns.

In terms of the cash burn, the need to pay contractors drops off as the FS is completed. "Stay in business" spend is $3m/year, or $750k/quarter. There is enough cash for that.

Additionally, you can't compare the FS to the recent announcements. It's a huge item which will spell out exactly what the plan is worth. It is far more significant than simple updates to the MRE or confirming again that the company can produce high quality product.

The FS is also what is used by the banks and potential investors to decide if they want to invest in the project, not the share price reaction to it as an announcement.

A low share price presents more opportunity to an institutional investor seeing value in the FS, not less.

It is correct to say there isn't enough cash for any further delays or changes to the FS.

It isn't correct to say that because the share price is low now, the company will never go anywhere.

As I said, maybe you should take a break? There isn't anything interesting happening here.

Cheers