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2.56%

3.8¢ lake resources n.l.

Ann: Kachi Phase One DFS Results Investor Presentation, page-30

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Rupertmurdog

241 Posts.

6

19/12/23

10:57

Post #: 71522617
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Originally posted by MrFaargs: ↑

yeah but high demand is dictated by socio-economic conditions, if the big orange menace gets back in the Whitehouse and has been slating electric cars non stop then uptake will slow, the use of electric cars will increase but nobody knows how fast, even this year the sales have come in lower than forecasts from last year. Plus in the gold rush era its not as though one man mines all the gold, there are hundreds of wannabe lithium producers even just on the asx, everyone wanting a piece of that pie and as demand increases so will supply to meet it. the best thing is to be a fit, slim and lean operation and LKE isn't that, its a bloated behemoth that lives and dies on the lithium price since lilac cant extract byproducts, meanwhile someone like ASN can make extra on byproducts from their brine which makes their lithium extraction essentially free meaning they can weather any price fluctuations, LKE are like a big herbivorous dinosaur, its all good when things are plentiful but a few environmental shifts and they're extinct

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Trump hater enough said

LKE Price at posting: 14.3¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 3.8¢		Change -0.001(2.56%)		Mkt cap ! $63.40M

Open	High	Low	Value	Volume
4.0¢	4.0¢	3.8¢	$68.12K	1.753M

Buyers (Bids)

No.	Vol.	Price($)
51	5320082	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	300000	1

View Market Depth

No.	Vol.	Price($)
50	5270082	0.038
20	1906260	0.037
26	2100768	0.036
39	3147106	0.035
15	2069205	0.034

Price($)	Vol.	No.
0.039	300000	1
0.040	1054211	6
0.041	1567694	5
0.042	1560699	12
0.043	1008967	8

Last trade - 16.10pm 03/10/2024 (20 minute delay)

LKE (ASX) Chart