LPD 3.70% 2.8¢ lepidico ltd

Ann: 210% increase in contained lithium at Alvarroes, page-89

  1. 1,937 Posts.
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    Hi Hamish, not sure I can make those sorts of predictions. If I could, I wouldn't be posting about it on HC.

    The best I can say is think the share price will be much higher in 4 weeks and 3 months. There's a lot of news to come in both of those periods, so I think it has a very good chance of rerating up.

    I wouldn't be surprised if there is a bit of a drift lower after that, though. I think the share price a year from now will be lower than it will be in 4 weeks and 3 months. I don't know if it will be this low again, but I'm guessing there will be a peak with all of the announcements and deals, followed by a boring period where they are building P1 and there isn't much news. That would see a drift lower in the price.

    Thats the best I can do, I'm afraid. But jump forward 2 and 3 years; a successful P1 operating and P2 well advanced in planning would see a share price multiples of where we are.

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