LPI 3.64% 26.5¢ lithium power international limited

In regards to the WA assets, drilling commenced in this quarter...

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    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

 
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Currently unlisted public company.

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