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4.84%

5.9¢ lake resources n.l.

Where have you come from? You, redbeard and flatwhite share very...

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SkyLimit

345 Posts.

95

21/06/22

12:44

Post #: 62111863
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Originally posted by Stickshift: ↑

@cobrakai1984

There is (currently) far more risk associated with LKE than PLS. One uses proven methods and is pulling in revenue, the other will be utilising a method that's yet to be proven at commercial scale, is not fully funded and is making no revenue.

Very different risk profiles of these two companies, and the market has valued them accordingly. Higher risk = potentially higher reward (potentially also higher chance of failure). One is currently a speculative business, the other is not, although perhaps that's a simplistic view.

LKE may own all of its lithium asset, however not all of the revenue generated from Kachi is to LKE's benefit; Lilac can earn up to 25% of it. This should be factored into any projected earnings. That LKE will give away(!) up to 25% demonstrates how reliant they the company is on Lilac being successful here.

I hope for holders that LKE is a success, but there are bound to be many bumps, trials and tribulations along the way before being fully known (from a realist's point of view).

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Where have you come from?

You, redbeard and flatwhite share very similar points of view.

And you ALL sound very similar to someone well known around here.

Last edited by SkyLimit: 21/06/22

LKE Price at posting: $1.33 Sentiment: Buy Disclosure: Held
8 Upvote

1 Great analysis

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(20min delay)
Last 5.9¢		Change -0.003(4.84%)		Mkt cap ! $97.89M

Open	High	Low	Value	Volume
6.1¢	6.2¢	5.9¢	$259.0K	4.296M

Buyers (Bids)

No.	Vol.	Price($)
21	916429	5.9¢

Sellers (Offers)

Price($)	Vol.	No.
6.0¢	4545	1

View Market Depth

No.	Vol.	Price($)
21	916429	0.059
13	715533	0.058
7	573911	0.057
11	476305	0.056
24	1106779	0.055

Price($)	Vol.	No.
0.060	4545	1
0.061	400000	2
0.062	702947	8
0.063	354741	6
0.064	1130311	16

Last trade - 16.10pm 01/05/2024 (20 minute delay)


Last 5.9¢			Change -0.003 ( 5.45 %)
Open	High		Low	Volume
6.1¢	6.2¢		5.9¢	1563273
Last updated 15.59pm 01/05/2024 ?

LKE (ASX) Chart

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