At the moment LPE doesn't need any extra expansion money as...

At the moment LPE doesn't need any extra expansion money as there is a shortage on staff to do the converting jobs due to the cyclone aftermaths in QLD and NSW. LPE may still use the long contracted people but nothing extra can be allocated by ERGON and ENERGEX as reported last Tuesday.

"Queensland Distributors (Ergon and Energex) have recently informed LPE that assets and resources have been prioritised to those customers affected by tropical cyclone Debbie. We are working in conjunction with Energex and Ergon to maintain services to our customers in the affected areas. Conversions of communities in these areas may experience some temporary delays."

It is unlikely that many billed by LPE customers have been affected but new to be converted stratas will experience a conversion delay if in those area.

No idea how important Facebook page really is - the focus should be on the monthly updates. That takes all the guess work and speculation away which may have caused some over expectations as some hope for a 20 GWh conversion per months. Guys be patient, the sp will rise once positive incomes are reported. And that is just a WHEN, not IF.

CR providers are just that and their business model is to sell the shares as soon as possible for an average profit, big or tiny won't matter. And that's what all the sells are about, the CR sharks are selling and won't shy away to even sell at 1.8c if the average is still above 2c. They need a quick turnover to march on to their next CR-victim. They don't care about any stock and therefore not about LPE either. Once they have been absorbed the sp can move up.

As a result of many phone calls to BP I don't think BP is a large holder itself, they are more focused on managing investments for their clients than investing and taking on a risk.

Anyway, time will tell and I enjoy swimming with the sharks as they provide sp movements I couldn't achieve with my tiny funds. Cash was, is and always will be KING and LPE will make heaps of it - anyone seriously investing should be happy about the 2c / 2,1c buying opportunity now.

Recently most Lithium wanna bee and today the pot stocks came down back to earth as in the end only profits will count. LPE was once up at 5c and the market let it fall to a more income focused level. 2c is way too low now with all what has been achieved but that's the market, price always moves around the value, sometimes too high, sometimes to low.

GLTA and if ANZ wouldn't have stuffed up the holders accounts I would buy more today, but I have to wait to tomorrow - if they fixed the glitch by then.