LKE 2.56% 4.0¢ lake resources n.l.

LKE in 2023, page-77

  1. 5,003 Posts.
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    Poor management?
    When President Macri opened Argentina up for business LKE management were there pegging out tenements despite Lithium being in a slump.
    When DLE was a tech that hardly anyone had heard of LKE management were signing up Lilac
    LKE used to have 0 in the bank LKE management have increased that to $150 million mainly through capital raises from holders very little dilution.
    LKE management are currently replacing themselves with people who have run companies worth billions.
    People who know stuff are joining Lilac and LKE. Lilac shows confidence by throwing $50 million into Kachi
    Yeah, the directors award themselves shares and sell some not a good look but it's just a look remember Ken Lay was very public about buying Enron shares so director buying not always a sure sign.
    Yeah, Chair likes twitter and I would love more updates, but those are not hanging offences. It all rests on one question, can LKE turn Kachi into a commercial success and despite the best efforts of the FUD crew they know no more than the rest of us and I think a fair bit less than some.

 
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