LKE 1.85% 5.5¢ lake resources n.l.

Ann: Global Institutional Backing in Oversubscribed $20M Placemen, page-44

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  1. 9 Posts.
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    I think VUL has some unique advantages over LKE.
    * Proximity to the European car makers and their strong desire to break reliance on Chinese suppliers.
    * Claimed zero carbon processing footprint technology which is supported by European Commission Regulations.
    * The opportunity to feed electricity back into the grid during the recovery of the lithium resource and earn money plus German approval of Geothermal Energy feedback at attractive rates.

    Although VUL won't start production for several years like LKE, maintaining a rising share price with good news stories I feel will be a challenge for the marketing arms of both companies but IMO LKE offers better bang for buck at 25.5c for those who don't want to spend $7+ when both are really only speculative companies at the moment, so it may attract some switching or even dual holding.
 
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