I agree ABLE77 (and others SHs), These prices & MC don't reflect...

I agree ABLE77 (and others SHs), These prices & MC don't reflect positively LPD's value for the successful work to prove the concept of the pilot plant, the byproducts produced, the work on the leases Portugal and Namibia, LoH Max, industry and professional contacts, the calibre of management. Also, the process of L-Max is low emitter of Co2 and has an advantage over other lithium producers in this respect alone.

The CoViD19 shut-down of industry, reduced use of transport for travel and logistics has demonstrated how quickly it is get back on track to meet the Paris agreements. This company can assist further.

That, Stock12345, The Chinese release may have had an influence on price but LPD's share price, however it has been holding up well since it touched its low of half a cent. Now we don't know if that is going to be the watershed for the price. What we do know is that SHs have had a pretty miserable time of it for a while now so why prick the bubble.

From all my investigations I see that LPD is currently trading below its value on the basis of: (1) all the work the Coy has done to prove the technology of LMax, LoH Max, S-Max and Caesium Rubidium. (2) Modelling of its potential profit stream as shown by Edison's analysis. Mine is not as sophisticated but it has served me ok and provided me with my investment in this company.

Yes, I'm not making money at the moment, and have had moments of doubt over the many months of declining prices. However, I believe this company has much to congratulate itself given the market conditions it has had to overcome, and it will not be plain sailing ahead. The development stage to production is a tricky hurdle to get over. This is where management proves its metal. These guys have the experience, That's why I back them.

I support SHs - posters - showing the joy for the share price gaining on some eager late buying. That news about China didn't have much affect on ORE, GXY or AJM; nor the US listed LIT (Global X Lithium & Battery Tech ETF).

Cheers all.

PS: Stock12345
Is this what you were referring to 5 March 20 ( https://technode.com/2020/03/05/ev-subsidies-in-china-are-making-a-comeback/: )

The latest move by the city of Guangzhou and Hunan province in central China could spur other localities to release similar measures aimed at stimulating EV consumption and helping the market to regain its footing.

The subsidy resuscitation comes after Chinese president Xi Jinping urged local governments in early February to stabilize consumption including automobile purchases, a speech which was later published in a government periodical.

Details: Guangzhou, the capital of the southern China’s Guangdong province, will offer electric car buyers RMB 10,000 ($1,440)per unit incentives for 10 months starting March, the city government said on Wednesday in a document (in Chinese). The officials did not provide further details.

Currently, Chinese EV buyers receive a subsidy of up to RMB 25,000 from the central government. Beijing halved the subsidies in June from a maximum RMB 50,000 for EVs with a range of more than 400 kilometers(around 250 miles).

Local governments also scrapped subsidies in June that had been in place since 2016, rebates limited to 50% of the amount subsidized by the central government.

In February, the government of Foshan, a city neighboring Guangzhou, announced that it would provide incentives of RMB 2,000 for new car purchases and another RMB 1,000 for each trade-in deal.

Guangdong is the country’s biggest provincial economy and has a massive auto manufacturing base which produced more than 3.1 million units last year, 12% of the country’s total volume, according to figures from the National Bureau of Statistics.

Central China’s Hunan province followed the suit with plans to reintroduce subsidies for first-time EV buyers to shore up domestic spending, alongside supportive measures to build charging infrastructure,Chinese media reported on Wednesday citing an official who has not revealed additional details.

Analysts at China’s Citic Securities expect more localities which are relatively wealthy and have a strong auto industry presence, such as Zhejiang province and Shanghai, will soon deploy policy tools including EV incentives to boost consumption.

Context: China’s January sales of new energy vehicles(NEVs) plunged by more than half from a year earlier to 44,000 units. China recorded an annual decline in NEV sales for the first time last year to 1.2million units, falling 4% from the previous year.