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3.64%

26.5¢ lithium power international limited

Ann: Quarterly Cashflow Report, page-7

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justdoit7

740 Posts.

47

31/01/19

19:29

Post #: 37288549
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Originally posted by LT_Investor: ↑

You have a hold status but you are so negative mate.
why not sell all your holding if you have nothing positive to say?
assuming exploration and admin cost each quater can burn up to $3m so they have 5-6 quarters. They are unlikely to ramp up drilling so they still do not require a cr until at least 24 months.
look at other junior lithium miners, they are struggling to get a cr and likely to keep raising cr every two quarters and their maketcap twice plus our marketcap.
I dont often criticise people but mate you being so negative. Save your energy and move on to another stock that make you happy or provide some useful facts if you are negative about it.

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you are right i shouldn't be so negative.. this is a 10 year play bit longish for me... i don't expect anything spectacular from this company.. will sell @ my break-even point...

LPI Price at posting: 24.0¢ Sentiment: Hold Disclosure: Held
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