2021 and beyond, page-29

I bought into Lake when it was 4c using the same logic. I believed the market wasn't fully aware of Lake and it's potential and hence undervalued. I realized I was wrong soon after. The main reason the company is undervalued is because of it's extremely underwhelming management. I have learnt that in mining and exploration, management credentials is key to attract cornerstone and institutional investors.

If and When Lake shuffles the BOD and appoints some prominent names in the field of Battery metals and EVs, the SP will reflect it's true value. Until then, it's going to be fluctuating between 6c and 9c, which as much as the holders would like to believe is accumulation by the whales, is nothing but swing traders doing their thing.

8c today and will be 6.5c by the end of the week. This is so predictable.