LKE 2.86% 3.6¢ lake resources n.l.

Ann: Results of Share Purchase Plan, page-45

  1. 21,392 Posts.
    lightbulb Created with Sketch. 2094
    barwood, I reckon that many people are going to be very surprised towards the end of this year, possibly much sooner. Presentations, to date, have been as comprehensive as any that you would see being published. I reckon that funders and potential partners, will be more than impressed with the detail and will only be looking for some smoothing of the edges, nothing to prevent them from supporting everything that Lake needs and is after. Kachi IS a major potential contributor to the lithium market, especially with its size and environmentally attractive production process.
    Directors and Executives, currently with no shares, would have looked VERY UGLY if they discount the guts out of the SPP and THEN whack in their 30 grand. I can see this forum now. AND it would probably have been the last straw for the market.
    IMO, these are exciting times, with so much potentially company making work being done behind the scenes.
    Short positions on 17 April, increased to 35 million, up 3 million, taking in the bigger volumes on 12 and 15 April.
    Many would like to see that going in the other direction.
 
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