LKE 0.00% 3.4¢ lake resources n.l.

Ann: Fastmarkets Presentation, page-106

  1. 4,974 Posts.
    lightbulb Created with Sketch. 1813
    "The pumpers lied" Oh please stop the theatrics. When the shorts turned up lots of holders were expecting good news and we thought that the shorters had made a mistake as they often do. But instead of good news we were confronted with numerous pieces of bad news and the shorters were very successful.
    The shorters are now piling out which may mean they think there are better opportunities or it might just be a function of LKE dropping out of the ASX 200. I clearly got this part of the journey very wrong I didn't see the lithium price collapse, I didn't see the CEO walking or the chair dumping or the reset exposing lies and if you did see all that coming then I guess you made a killing shorting the heck out of this.
    On the upside we still have a massive resource a revolutionary technology and the world at some stage will again be lithium hungry and want an environmentally friendly way to extract it. We will just have to wait and see.
 
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