That is just nonsense. A lifestyle company is a company that does nothing but allow the board and management to collect money for little activity. LKE over the years has been the opposite of a lifestyle company. They went to Argentina they found tenements they drilled the tenements the contracted with a DLE company they shipped brine to Los Angeles they had 3rd party verification in Colorado they had the lithium turned into a test battery they built a pilot pant on site they sent lithium chloride to Canada for test processing into lithium carbonate. They proved up the concept of spent brine reinjection. They attended every international conference imaginable. They spruked the bejesus out of this and they put on hundreds of staff. This company might fail but it won't fail because it was a "lifestyle" company. I have many criticisms of LKE but being a lifestyle company is not one of them.
LKE Price at posting:
3.4¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)