LKE 0.00% 3.8¢ lake resources n.l.

Giddy up LKE!, page-129

  1. 536 Posts.
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    Spot on @hkhf and @kellbys ! Has terrific implications for LKE because of our acreage adjoining Orocobre.

    Not only has Toyota bought $282 million of ORE shares in this raising ...
    but they've done so at a record price, being a 17% premium to ORE's 30 day VWAP ...
    and will now own 15% of ORE ...
    as well as having direct equity in the project (which they had before).

    Now that's a vote of confidence. Is easier to join up those dots and see how it materially enhances the value of Lake's adjoining acreage than it is to wonder about Lake's recent share trades. Accordingly, I've bought more than a (further) Toyota's worth of LKE today, at our current discounted price. Thanks sellers, am glad to have helped you out. Giddy up, LKE!
    Last edited by La Tache: 17/01/18
 
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10 1018707 3.8¢
 

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3.3¢ 638 1
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