LKE 4.65% 4.1¢ lake resources n.l.

Ann: Ceasing to be a substantial holder, page-41

  1. 1,349 Posts.
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    For those not willing to do long hours of research:

    Lake shareholders seem to forget that 25% of future "inexistent" sales will go entirely into Lilac's pocket. If the average investor would take a moment to let that sink in, they would come to the immediate conclusion that the share price should be:

    $1.12 - 25% = $0,84 per share
    Lake grade lithium brine is 60% lower than their peers
    0,84 - 60% = $0,336
    fair value if we don't account for the fact Lake's tenements are not in 1-tier jurisdiction.

    DYOR - NOT FINANCIAL ADVICE
    Last edited by michelred: 09/11/22
 
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