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4.8¢ lake resources n.l.

$1 By End 2021, page-56

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Fantasyboy

4,190 Posts.

2950

04/08/21

08:42

Post #: 55010780
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Originally posted by cryargentina: ↑

Gold bug says battery minerals valuations too good to be Aug 3, 2021 –Miners of metals linked to the decarbonisation trend are being “priced like internet companies” and the rally may be too good to be true, according to one of Australia’s top gold boss.Stockmarkets and property prices are at record levels, new so-called green metals are the rage, companies with assets in these commodities are being priced a lot like internet companies, all about their potential and their future earnings,” he said.“It all seems almost too good to be true and just maybe it is.”0 risk is being priced into stock markets a very dangerous cocktail

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If there was really zero risk priced into LKE, their Kachi project alone would make the company worth $2.1 billion AUD right now or $4.2 billion AUD with the potential production doubling. And I'm not even considering their 4 other projects.

LKE Price at posting: 54.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.8¢		Change -0.002(4.00%)		Mkt cap ! $83.38M

Open	High	Low	Value	Volume
5.0¢	5.0¢	4.8¢	$218.5K	4.499M

Buyers (Bids)

No.	Vol.	Price($)
1	79241	4.8¢

Sellers (Offers)

Price($)	Vol.	No.
4.9¢	384710	7

View Market Depth

No.	Vol.	Price($)
1	65950	0.048
20	1476635	0.047
11	1036340	0.046
13	892222	0.045
6	635158	0.044

Price($)	Vol.	No.
0.049	384683	6
0.050	360754	8
0.051	116884	4
0.052	229000	3
0.053	327134	5

Last trade - 15.11pm 19/11/2024 (20 minute delay)

LKE (ASX) Chart