55c option holders are going to lose their money in july 19.. their glass is not half full all empty! Agreed all small caps are down 50% but peers are btw 180 to 250mil market cap not 70mil... the only reason i can see for MC being so low is the market still has doubts which can only be removed as and when ceol for litio is issued (or negotiated with other stakeholders), offtake is signed and funding is arranged.. if the market thought like (us) the shareholders LPI m-cap would be 200mil+ even in this downturn.. i question the mgmt of MH & his using of tweets (like Elon Musk ).. well he was made to resign and don't wish to go there... i think current Chairman is useless, all the weight of delivery is on MSB, i am hoping the following is completed by dec 18.. DFS, Litio settlement which can be shared with the market, progress report on offtake & funding (as the board is focusing on this area now)... anything less and the SP will continue to grind around this level for foreseeable future... imo/dyor
LPI Price at posting:
27.0¢ Sentiment: Hold Disclosure: Held
).. well he was made to resign and don't wish to go there... i think current Chairman is useless, all the weight of delivery is on MSB, i am hoping the following is completed by dec 18.. DFS, Litio settlement which can be shared with the market, progress report on offtake & funding (as the board is focusing on this area now)... anything less and the SP will continue to grind around this level for foreseeable future... imo/dyor
