Brief comments to lwp friends
1) after being massive fan of story I'm out of lwp for good prior to Xmas. Wait for test results and falling SP started to concern me
2) wish all holders well and good luck, have not come back to run salt in wounds . Lost some coin on this. But will suck it up. Hope you do better
3) also have been following another stock for over 10 years with 'game changing industry technology' rapidly reducing most expensive production cost. After all this time and multiple CRs this year should punch over 60m revenue this year. SP though is lower than 20 years ago. (QHL). Awesome company, awesome tech, POOR return on investment...... Be cautious of same issues in LWP being high capital investment cost versus micro cap ability to raise the multi $m required. Sole dependence on larger industry players to do deals means long (years) waits and poor negotiating leverage
4) no more from me on lwp. Have posted some portfolio thoughts partly driven by Lwp reflections on STT thread
Hope you all get a U.S. Deal Monday and I look like an idiot
Peace
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