Well done maccadu. Exactly how I have read it. The former Executive Chairman IS THE issue. He HAS fouled up, and, IMO, should just walk. He and Steve were a couple of cowboys and this new, FAR SUPERIOR mangement team are probably embarrased by having Stu anywhere in the decision making team. Stu's a Twitter. And, as you have said, this new group have seen through him, and, frankly, you can IGNORE ANYTHING that is signed off by Stu and I bet that you'll find that he won't be signing off too many more announcements, and, probably, like Trump, be banned (by the Board) from using Twitter for anything using the Lake stationery.
That bloke THREATENED and DARED the shorters on Twitter in the name of Lake and all of it's shareholders. If it wasn't for his heavy shareholding, he should have been terminatd at the same time that Steve left. Steve is better than Stu, but, hasn't got the obvious clout that Stu has. AND, I go so far as to say that these last three announcements are not a coincidence, and have been cobbled up in response to the massive pressure from shareholders that I am aware that they have received in recent days relating to the lack of follow ups from their November announcement. Yes, they lacked specifics, but, as maccadu has stated, I reckon that the old cowboy attitude has well and truly been replaced by REAL professional EXPERTS, not just clever, slack, wordsmiths. Don't judge Lake Resources by the past management, this lot is extremely different and incomparable to those former couple. To make investments decisons, i.e. not buying,or, worse, selling, because of what has been written in the past, woul d be a serious case of very bad judgement. We are in a completely, professional, expert, environment that we have EVER seen. The king is dead, long live the king.
LKE Price at posting:
86.5¢ Sentiment: Buy Disclosure: Held
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