LKE 0.00% 3.8¢ lake resources n.l.

LKE towards TOP-5, page-8313

  1. 4,949 Posts.
    lightbulb Created with Sketch. 1808
    Wow, not quite the way I see it. LKE was trading over $2 then we had the inflation shock that sent us sub $2. Then there was the Goldman report saying that lithium is in over supply (which it isn't) and we dropped to sub $1.50. None of that was LKE's fault. Then we have the CEO resign by surprise, that is down to us, and we have been punished as we should, down to 83.5 cents. Now, I know that everybody is clamoring for details, but I don't expect any. This is an in-house brawl and LKE will garner respect from the corporate world by saying nothing, what happens in the office stays in the office sort of thing. Its like a gangland shooting on a busy street, no one saw nothin.
    So what are we left with? A company with $150 mil in the bank a demo plant just about to be commissioned and aggressive drilling campaign on 3 other tenements in an environment where lithium is about to go into shortage.
    Don't get me wrong I'm not happy with the price but I'm very happy with the company. Will watch the webcast on Friday not expecting to find out any more about Steve than I do now, which is that he unexpectedly resigned.
 
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