Steady progress and the sp gets down, great for buyers like me....

Steady progress and the sp gets down, great for buyers like me.

Maiden positive cashflow will be reported for 4th quarter in July 4c as from there they bill at least 100 GWh per month. And that is just the beginning. Guys, LPE mentioned expansion into regional NSW - more money to be received from there as well in the coming months / years.

Profit per GWh is at least $ 50k pa. At 100 GWh it will be $ 5m pa real profit, at a PE of 15 sp at least 3c fully diluted, at PE 30 for fast growing comps 6c. By end of 2017 we should see at least 10c or being taken over.

In the future forget the % increase as those will go down as the monthly GWh base increases. Important is the total growth rate month by months and that is average 7 GWh per month. So, with 10% less working days close to average is a fantastic effort. Now imagine with more funds the conversion rate will even increase, a fool who sells now.

I will buy more tomorrow at the open, anyone selling to make it 2.2c is more than welcome. Love rather buying highest quality for dirt prices than paying gold for dirt.

BTW, 2 weeks ago nobody wanted the Cannabis stocks, now they tripled on no news. Can happpen to LPE as well, especially having received month by month fantastic progress news.

GLTA