LKE 2.63% 3.7¢ lake resources n.l.

News: LKE Lake Resources cuts staff, eyes asset sales amid low lithium prices, page-131

  1. 10,250 Posts.
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    The word “other” to me states other than workforce.


    https://hotcopper.com.au/data/attachments/6279/6279293-2f52ea9b23cc38393ef8ec0de9a3b938.jpg

    ~50% to 90% staff reduction is a big jump.

    Goes on to say “evaluate the monetisation of other non-core assets” deciding to liquidate ALL non-core assets is a big jump.

    Maybe the selling of assets should be put to shareholder vote, I recall LKE raising cash off the back of those assets in the past.
 
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