LKE 5.26% 4.0¢ lake resources n.l.

Ann: Fastmarkets Presentation, page-80

  1. sqe
    6,939 Posts.
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    Market did not respond favorably to the presentation. So this was Dicko's moment to sell his "Oil and gas" experience, and the market sold its shares.

    Oh dear!

    Company now ranked 653 on the ASX with a mkt cap of $234M. They need over $2.3B to get a project off the ground. A ratio of 10:1 CAPEX/mkt cap

    Ain't.Happening.Folks

    https://hotcopper.com.au/data/attachments/5595/5595473-1b7c236ab20638d1f73bed4d714c2ea5.jpg
 
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