“From a peak cash holding of nearly $180m in 2022”
Unfortunately that’s been the way with past and present management.
e.g. Management spent US$15m (~AUD$21.7m) supposedly on drilling with no published results for Oloroz or Paso. https://lakeresources.com.au/wp-content/uploads/2022/02/lke_target-100_14-feb-22.pdf
Management now after another AUD$20m to maintain their lifestyles.
Shareholder’s interests haven’t been in good hands as claimed by the usual suspects.
https://youtu.be/N2AVbLJ9vl4?si=mKPR9_9W0DUqLD0X&t=25
Topic is “Where did all the $$ go?”. So this is on topic.
Content is moderate.
What’s your next reason to report ?
DYOR
Where did all the $$ go?, page-2
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