2021 and beyond, page-6769

I have summarized below research done in 2020 and 2021 by small and large brokers, their 12 month LKE target price and when (how quickly) did LKE hit those target prices. For HC posters who say all these reports are paid, brokers have skin in the game and it’s pure hype and no substance…Sorry, market has a different response.

In 2020, MPS TP (25c) achieved within 11 months, Orior TP (29c) within 8 months.

Now it gets even more interesting in 2021…Target price of Roth (60c) within 6 months, Corporate (73c) within 7 months andLodge (98c) within 3 months.

These cannot be without any substance or coincidence. I reckon, most of these broker predictions have been very conservative and market has started to realize the true value of LKE.

IMO, Roth ($1.10), Corporate ($1.04/$1.05) and possibly Canaccord ($1.15) will be realized by end of 2021.

Then Alliance ($1.30), Red Cloud ($1.25), Hartleys ($1.28) to be realized by Q1 2022 (if not earlier) and Orior ($1.89) by Q2 2022 with the release of DFS and ESIA. These are my expectations.

	Report Date	Broker	12 month TP	Actual achieved date
1	01/03/2020	MPS	$0.25	27/01/2021
2	26/05/2020	Orior	$0.29	27/01/2021
3	17/02/2021	Roth	$0.60	06/08/2021
4	29/03/2021	Corporate	$0.73	20/10/2021
5	16/06/2021	Orior	$1.89
6	15/08/2021	Roth	$1.10
7	16/08/2021	Lodge	$0.98	26/10/2021
8	17/09/2021	Corporate	$1.04
9	23/09/2021	Roth	$1.10
10	23/09/2021	Corporate	$1.05
11	28/09/2021	Alliance	$1.30
12	12/10/2021	Red cloud	$1.25
13	22/10/2021	Canaccord	$1.15
14	27/10/2021	Hartleys	$1.28