You deliberately misinterpreted that comment.
He didn't state at all that LKE would reach the same revenue as FMG.
What he wrote is the LKE is similar to FMG in that it is aiming to be a volume producer in an in-demand commodity at the beginning of a super cycle.
He also wrote that buying LKE today under $1 is like buying FMG under $1 in 2006. Since then, FMG 20x-ed in 15 years, and LKE at $1 could also 20x in 15 years imho, even faster than that.
LKE towards TOP-5, page-394
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Last
5.2¢ |
Change
-0.001(1.89%) |
Mkt cap ! $92.06M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.7¢ | 5.2¢ | $330.4K | 5.972M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 678447 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 208120 | 6 |
View Market Depth
| Last trade - 13.57pm 13/11/2024 (20 minute delay) ? |
| LKE (ASX) Chart |