I agree with turbo (i mean padrad). LPI fell below 50 after the old code new code stuff. Obviously I did not do my research deep enough as I did not know or understand its importance when I bought. In my view we should go back to 50+ without any further annoucement. All these approval, eia etc were always known risks and applicable to all miners everywhere, including Australia. Approval cannot be 100% guarantee. even when we breached $0.60s last year these risks were known (and we were then almost a year away from EIA and DFS) and accepted at that level, including those who subscribed at 0.55.
I say, to hell with the TA (too strong) ...I will say it again if no surprise in DFS and DFS is expected at the end of Q3 I was expected we will cross .50 despite argument with government in relation to litio. Now with the argument 'sorted', I am back to my Dec-17 expectation of +$0.90 before Christmas.
On top of this if we get more positive news in general lithium market, new CEO...then just call me turbo too.
LPI Chart, page-10
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