I Buy in kegs to avoid that bottle noise! But the noise around...

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jimbo23

181 Posts.

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25/07/18

07:16

Post #: 34547034
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Originally posted by Gonzarella ↑

Fair call just.
But to clarify without the empathy I genuinely feel and the understanding I absolutely have for LT holders (I'm back in at the bottom for once!!!) - when there's a legal or sovereign risk-on scenario, it is a farkin slow, painful, unrelenting and frustrating suffocation period that feels like death approaching for any stock.

And now, thankfully, that is (almost) over.

So now we only have the normal crap associated with bringing this amazing resource to market. And the crew are obviously working hard behind the scenes. We know this. But the market will not acknowledge it until they announce, 'Dudes, we're good....we're totally sweet....".
But with this stock it will probably take another month or two after that to see any significant rise in SP.
I hate it, but that's just how she rolls.

I reinvested in this with the full knowledge that it would most likely do this and the day to day movements would almost kill me.

But, they gave us a time frame - CEOL (August) into EIA approval. Cool.

This is when the stock will move - when there's officially risk-off and "friendly collaboration" has been confirmed.

Until then, it will be pinned and accumulated.

If I had the power and the financial resources and the lack of conscience and shame, I'd also be pinning this down for as long as possible and accumulating like, I don't know, like something that really, really accumulates heaps. Like my recycling bin accumulates empty bottles of gorgeous pale ales perhaps?

Until then, this will most likely be (ONE of) the most frustrating stocks to watch. So don't do it.

Adjust time horizons and expectations accordingly. (I know, I know) AGAIN.

DISCLAIMER: Admittedly, it still really hurts to watch.

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I Buy in kegs to avoid that bottle noise!

But the noise around most Li stocks has been very fragmented. Hard rock, brine, DSO, processing, etc that the story of capturing and using renewable electricity seems lost. I’d bet the multinationals making billions on non-renewable power have a hand in this. Huge $ at stake. Disruptive technology always risky.
DYOR and cheers

LPI Price at posting: 29.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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