LPE Chart, page-400

That's how I see it playing out, ticking along quietly until July announcement. Expecting the standard 8 GWh monthly conversion for May, but something much better in June (happy to be surprised though)
When combined with cash flow positive, bank finance sorted, accelerated conversions and armada options behind us, there is going to be a rerate to a sensible valuation. Based on a safe fast growing utility that adds 40k for every GWh converted straight to profit, conservatively expecting 400k/month profit growth and accelerating.
The remaining puzzle for me is why the share price has been allowed up this month, after a period of such rigorous control, it looks like the hand brake got accidentally released, so wont be surprised if it goes back on for this month