Wasn't that long ago that Lake Resources chairman said the dip in lithium pricing defied logic & that it was a great dip buying opportunity & shorters would be burnt
He even paid (With shareholder money) the guys at RedCloud to echo the same words.
Since then lithium has tumbled, Lake resources has fallen 97%, everyone who topped up has been massively burnt, the shorters are now millionaires
Turns out Stu was wrong. The pump crew were naive. Mums + Dads lost there life savings buying into the hype.
Is the bottom in?, page-1262
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