LKE 0.00% 3.4¢ lake resources n.l.

Ann: Funding Facility Extension and Cleansing Notice, page-32

  1. 3,442 Posts.
    lightbulb Created with Sketch. 2769
    .......and whilst we are hearing all this “doom and gloom” on this HC thread......
    ”This is turning into a “huge” week in the Battery Metals space, particularly Lithium!First, Goldman Sachs calls a bottom in lithium, then Tesla beats expectations in Q3 with “improved margins on lower average selling prices of Model 3”.
    There is so much bullish news on EV’s, mega factories and other related developments.......the Lithium (battery grade of course) has to come from somewhere folks!

    Yes, the lending side of things is extremely tough at the moment in this space - but maybe there was little in the way of options to keep the progress happening towards the PFS and Pilot Plant. Our timing as far as producing samples for testing out of the Pilot Plant early next year mught just be spot on to catch the big wave!

    We aren’t the experts. Very little change in the Top 20 holders says a lot. The shares changing hands are at the punters/speculative end of the market. LT holders see the opportunity and are sticking fat.....some taking this as a real opportunity to accumulate at these prices.
    GLTAH
 
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