LKE 1.79% 5.7¢ lake resources n.l.

LKE towards TOP-5, page-4467

  1. 22,267 Posts.
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    G'day Suw. That sell off was very much on the cards. You have hit the prospective share prices on the head all the time, that spurt from $1.995 to $2.65 was totally un-characteristic and, IMO, had absolutely nothing to do with the overall fundamentals, and, consequently, neither did that sell off. The current price is far more realistic.
    The basic fundamentals have not changed and your progressive estimations are, IMO, still well on track.
    Doubt about the "Proof" by Lilac at Kachi, is, IMO, factored into the SP and, is like a sleeping bear just waiting to jump out and hit the market with a very solid blow.
    Next couple of announcements, including something from Lilac, could provide the penultimate, pre-production, market sentiment for Lake.
    JC134, might be right, "fasten your seat belts.
 
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