LKE 4.88% 4.3¢ lake resources n.l.

Ann: Investor Webinar Invitation, page-43

  1. 6,187 Posts.
    lightbulb Created with Sketch. 818
    They don't own anything. That is just a lease, just a tenement and worthless. Look at their depreciation in the financial reports. It's almost nought. They have no tangible assets. LKE don't even own business vehicles. Absolutely everything is leased, hired, shopped out labour, they don't employ anyone. It's a BOD lining their pockets with your money. Come in spinner. Initially a few tears back their total depreciation of assets was Steve's notebook computer. That was literally the inly think the company owned.
    Last edited by givemethecash: 23/01/24
 
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