LKE 4.55% 4.2¢ lake resources n.l.

Ann: FIRST SAMPLES SUCCESSFULLY PRODUCED FROM PILOT PLANT, page-29

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  1. 22,020 Posts.
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    Well put Mozza01. Yes, today's news is nothing more than "interim" and lacking in numerical detail, again, just "corporate" words, albeit, better than nothing. The amount, quality and quantities of LiC are what will be the SP catalysts that the market wants to see.
    People should also consider that the SP has only hit .04 on three occasions since 2 March and over 120 million shares were issued in that last Placement and SPP @ .004. It would be understandable that many of those shares are still held, and holders, especially S.I.s, who are notoriously short term holders, would be taking this opportunity to be rid of them due to the slow progress.
    It would NOT be disingenuous to still be saying that this weariness in the SP, pending real news, presents, possibly, the last opportunity to be buying at these levels. And I say that, fully expecting a spray from the ST non believers.
 
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