Hi Steini I have been trying to establish the reason the 16 week conversions timeframe continues to slip, two emails to LPE on the subject have not been replied to so far. Has the shortage of electricians been confirmed as the problem by LPE
It is an important metric when projecting growth, and I do think share holders are due an explanation as to why it continues to lag, now that funding is no longer a constraint.
Until we get an official notification on the reason for delays, I believe it is reasonable to expect performance in the range that has been reaffirmed in the investor presentation July 16
If the 16 week target is never going to be achieved its time to reset it to an achievable one.
I am a big fan of LPE but believe they are doing a poor job in this area, both in communication and achievement
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