LKE 0.00% 4.7¢ lake resources n.l.

LKE..................Chart thread only, page-283

  1. 21,145 Posts.
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    mpr505. IMO, it will depend on the news, if it is just another "interim" it won't be as solidly supported by serious investors who are waiting for THE proof of concept that will only come from readings right down from 350 metres to 450 metres and be the "total depth" of the Cauchari well, with the rig moving to Olaroz. Proof of concept and total depth should be substantive and get solid and substantive response where we could see the year high of .14 challenged. So far so good but we'll see DT's and ST traders playing around in the meantime. Lots of sellers, as expected, coming in now under .10. But, these numbers are nothing to what management expect down the track.
 
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