Lake Resources (LKE) is shaping up really well. De-risking one by one and as expected next few months we could expect frequent significant announcements. When you compare LKE, this time last year (2020) and now, it has de-risked many aspects.
Do we have further risks? Yes, we do. But with partnerships with LILAC, NOVONIX, HAZEN and HATCH, I am confident those potential risks will be de-risked as we move along. Not many companies get financial commitments from lenders prior to offtake or DFS/ESIA but LKE has. This itself (confidence) shows the viability of LKE Kachi project and its future. Luckily, I picked up LKE in 2016/17 and added to my portfolio and bought shares as and when my financial position allowed.
Some see the value of LKE and it’s potential in 3 to 4 years and how big & significant it could be in lithium sector. I do believe & see the bigger picture, and have brought in my family and friends along this journey and I am still getting other friends to join. Unfortunately, some don’t see the big picture or pretend not to see it. But that’s life.
With AFR article last night, we may see a price sensitive announcement today, which may push our SP to 70/75c. We are tracking well and our target price of $1 by end of 2021, is getting closer to our reach.
Congratulations Steve, Stu and team for taking us through this journey. We are just starting...
Go Lakers
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4.8¢ |
Change
0.001(2.13%) |
Mkt cap ! $80.08M |
Open | High | Low | Value | Volume |
4.7¢ | 4.8¢ | 4.6¢ | $296.0K | 6.265M |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 120000 | 4.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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4.8¢ | 1111429 | 7 |
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No. | Vol. | Price($) |
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2 | 120000 | 0.047 |
6 | 941816 | 0.046 |
7 | 610333 | 0.045 |
7 | 950955 | 0.044 |
6 | 348533 | 0.043 |
Price($) | Vol. | No. |
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0.048 | 541662 | 4 |
0.049 | 1724696 | 7 |
0.050 | 590784 | 7 |
0.051 | 761783 | 4 |
0.052 | 1141292 | 5 |
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