LPI 3.64% 26.5¢ lithium power international limited

Ann: Corporate Update, page-13

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  1. 740 Posts.
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    mick.. ok was being bit facetious but any long term shareholder would agree that things are not going right otherwise why would the sp/mc be 22c/40mil after a successful dfs... mgmt as usual has given out a piece of useless update basically hiding litio progress & conceding that funding will not happen by june... i don't agree at all that we don't need funding & ot till eia (if that happens sp <10c) actually on the contrary we should have stitched up funding last year but then they hid behind a smoke screen 'nothing will be signed till dfs..'... well fine, now we have a dfs, now what? what were the statements about a data room is open? data rooms don't stay open for 12+ months when all you have is one dfs document, can be read in a living room rather than giving these big jargon's of data room n' all.. phew, beats me! Anyway, they want to sound professional that's fine, than have the smarts to lift this business not drive sp/mc to the ground....  its clear they need to sort out litio otherwise no debt funding, OT might be signed but that means nothing without funding... and yes oppies are truly gone, even the 2021 oppies are in real danger! and if things keep going the way they are get ready for major equity dilution... imo dyor! tea is good     
 
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