In the absence of negative news flow from the company / country / sector, i would be highly surprised to see LPI back down at those prices.
The reversal has been sharp with a real absence of buy side demand in the last couple of days. Interesting to look across the sector, with a couple of names - PLS & KDR still finding support, whilst others ORE, GXY, LPI just to name a few taking a breather
LPI Price at posting:
37.5¢ Sentiment: Hold Disclosure: Not Held