LKE 5.00% 6.3¢ lake resources n.l.

Ann: Trading Halt, page-40

  1. 4,090 Posts.
    lightbulb Created with Sketch. 7166
    The year is 2021, lithium is booming, Lake's Chairman Stu Crow + CEO Steve Promnitz announce a $20m capital raise and state to the market "Lake isfully funded to construction in 2022" rolleyes.png

    Fast forward to the reality 3 years later, we are now in the truth telling phase and it is eye opening biggrin.png
    1) The company hasn't submitted its permit application yet. A permit that takes 2-3 years in Catamarca
    2) After multiple capital raises since due in part to the "A Team" blowing $10m a month on business class flights, 5 star hotels and marketing, people have woken up
    3) Lake have a low grade non-economical project

    It is sad how gullible people still can't see or acknowledge just how gullible they were
    https://hotcopper.com.au/data/attachments/6019/6019192-c615b77452414d07b484be551e1f2ffb.jpg

    Last edited by bombersmadd: 08/03/24
 
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