LPD 33.3% 0.2¢ lepidico ltd

PLP looking Prime, page-76

  1. R08
    8,507 Posts.
    lightbulb Created with Sketch. 1834
    The only trouble with weekends is we can't trade !!

    In all honesty we will have our runs on Ann's and FOMO until the record date....if the company CR doesn't include an escrow period then we could see some sell off which will effect SP following - it is absolutely foreseeable that most will want to take out their immediate profits if we are not escrowed.....this is what could keep us between our current resistance point of 3.8c and new forecasted high of 5.4c showing on the charts.

    In my opinion that sell off will be short term because of company activities already announced and what is ahead of us....as revenue increases through our L-Max licensing / JV capabilities, drill results / production at Gobbos, license grant and potential results / production at Eurowrie, Lemare exploration and results/production, finalisation of MOU with with CAS for JV lithium play in Brazil and so on.

    The potential sell off won't keep the SP down for long, as we have plenty more news to expect - BASED on what the company Ann's have already told us - to look forward to.

    Again.....must disclose IMO and DYOR.
    Only 17 and a half hours until the bar is open......
 
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