post number 36214393 by "malmam" on October 22 draws attention...

post number 36214393 by "malmam" on October 22 draws attention to the highlights of a report by Hunter Capital dated March 13 2018. in that report the projected share price after exercise of all options was $0.55 within 12 months (now 5 months)

that projection was well before the lilac process became came under consideration and at the time the option over the 70,000ha catamarca lease had not been exercised.

the $0.55 projection was at a time that lithium was losing its flavour of the month appeal which now seems to be changing as europe, japan and south korea play catch up. it would not surprise if one of those nations make a strong play for kachi

yesterday "gassed" drew attention to the strong possibility of the london metals exchange adding lithium (and cobalt) to their offering early in the new year which was not a consideration at the time of the projection.

I have read (but lost the reference) that a resource of "only" one million tonnes would have the affect of "shocking the market a fair bit " in the words of our Chairman at his new york presentation on october 26.

all in all we can reasonably expect to soon  be moving at least towards Hunter's $0.55 perhaps well within his remaining 5 month timeframe.

p.s. (is it possible that brunk has already placed a few milky way bars with vsa capital market movers in london. since their first speculative buy recommendation on octoder 04 they "reiterated" the recommendation on friday october 26 and then again last friday november 02 (uk) which would have been after our 4.00 pm friday close) https://www.*.co.uk/columns/vsa-capital-market-movers/30227/vsa-capital-market-movers-lake-resources-30227.html

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