Agree
@greenhawk. The other important thing to consider here are the foundational cornerstones of this company which I think are often overlooked and why I believe the share price is possibly artificially depressed. After talking with some sector experts about LWP, I simply put it down to the "ignorance factor" in understanding this industry and how long it takes to get a concept to market.
We also have to remember that LWP already had experience in understanding the use of fly-ash in advanced materials technology from the very beginning. David Henson introduced the O & G side when he explained the science of turning the fly-ash balls into proppants. So to the eventual name change from Coretrack to LWP Technologies.
FOUNDATION STONES
The company had the right start launching as a project out of the University of NSW. This gained them access to ongoing government R&D grants which they have been able to maintain.
They were and still are one of the only companies in the world to discover, monitor and observe the dynamics of the formation of Eutetics during the different melt stages when you heat fly-ash. This was achieved by a team of leading ceramists in their labs in Italy and Germany. The company then moved their lab to Australia in 2015 to take this into the next stage. Which has been a success.
The average time of bringing a new energy sector product from the concept stage through to testing and development, onto Pilot plant, independent testing, marketing and response then retail can be as long as 8 to 10 years. (IMFORMED magazine report). LWP are right on schedule in the timeline of their business model; starting 2008. Ecopropp > Coretrack > LWP Technologies.
I believe we have unrealized (shareholders understanding) potential not only in the "fully customizable" proppant product but also the significant revenue potential that our disruptive technology has in the materials sector. IMO, we truly have a unique cross-sector disruptive technology that can eventually return this company big profits in both licensing/royalties and future large investment.
I suppose the one and only benefit of the low share price at the moment is the attraction to draw in those investors who truly understand the value of this technology and can see outside the box for where this company will be in the next 5 to 10 years. (All IMO and just an observation)
I am happy to listen to the mining experts and make my own financial decisions with this stock.