Inflection point - numerous articles about China data points and inflation - SEC warning on RTO(late but a legal necessity for CYA) and expectations and pronouncements that inflation may be moderating. Government uncomfortable with scrutiny of their capital markets(expect harsh justice in some cases). Short seller tactics being exposed (SNOFF) MW shopping information before disclosure. No confidence in sector - And LPH took out the 1.47 low but no huge stop order triggers. This is a macro moment imo. This is rapidly becoming the moment for LPH sooner than later. 1)evidence of clean books and new auditor and 2) financing of new facility. 3) evidence of more institutional buying.
The Chinese macro environment for energy grows bigger (May yoy 11.5% growth in oil imports), Shanxi province higher energy user among provinces, strength in Mr. Cai's "relationships" with gvt and industry, all facts with upcoming catalysts you mention. Holding strong.