In regards to the WA assets, drilling commenced in this quarter so I assume you won't get the results until the release of the March quarter which is in late April. I am more interested in the Off-takes and financing in the next 3 months. It is indeed very frustrating waiting without any news. Further note, the EIA submitted in September 2018, I recall Management was stating some companies received their approval around 6 months. There are not many trading activities lately and volume have been very low. Anyway, we have more than $21M in cash, I believe Management want to reserve as much cash available to sustain operations in the next 12 months without having to raise CR so there isn't a need to engage any brokers hence you won't see many people on this forum to pump up the price to create more liquidity to this stock. I am still confident to hold for a minimum of 6 months. Will definitely buy between 20c-22c whenever I have free cash.
Back to swing trading with other stocks, GXY, A40, AJM, PLS
LPI Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
