LKE 0.00% 4.0¢ lake resources n.l.

price prediction from here?, page-13

  1. 588 Posts.
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    I am not a "ramper" and i do not have bad intentions however there's so much BS in this forum regarding LKE and it being "undervalued".

    Its not going to be $6 anytime soon. It currently has a $400M MC and for it to be $6 SP, the MC would be $6bn..... or 15 x more than it is now... and they dont have an operating mine yet.

    https://hotcopper.com.au/data/attachments/2938/2938618-3f3e0781dc498f66b1e2e1abfbb86c29.jpg
    note: SP has changed since this was made however GLN is now an $83m MC and LKE is $405 or so...

    Either LKE is overpriced or GLN is undervalued.

    I am not a holder of either, just trying to make some sense of the lithium players on the ASX
    Last edited by TehBlaster: 23/02/21
 
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