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4.3¢ lake resources n.l.

Hmmm. Do you see a significant drop in SP over the coming weeks...

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Georgehend

26 Posts.

2

06/10/20

18:14

Post #: 47890857
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Originally posted by dugsab: ↑

Last Friday I asserted the following:

“The likelihood of another CR is obvious to most except you. Why else would LKE pull an EGM on 15 OCT 2020 (so close to a AGM), to re-boot the 15% of SOI CR capacity.

““If this Resolution is passed, the issue of the August Placement shares will beexcludedin calculating the Company’s 15% capacity to issue equity securities under Listing Rule 7.1 without Shareholder approval over the 12-month period following the issue date.””

Step 1 - Delay the Hazen results till after the EGM.
Step 2 - Re-boot the 15% capacity at the EGM.
Step 3 - Release the Hazen Ann post EGM.
Step 4 - Carry out a CR.

Look and sound familiar...rinse & repeat.”

LKE are re-booting their 15% capacity at an EGM on 15 OCT 2020. Why??

The AGM will presumably be held in November, circa one month after the EGM. Why the rush (and expense) with an EGM ahead of and so close to an annual event - AGM??

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Hmmm. Do you see a significant drop in SP over the coming weeks then? Possible nose dive down into the high 4s?

LKE Price at posting: 6.0¢ Sentiment: Hold Disclosure: Held
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Last 4.3¢		Change -0.001(2.27%)		Mkt cap ! $71.51M

Open	High	Low	Value	Volume
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No.	Vol.	Price($)
16	831640	4.2¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
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15	1493730	0.041
46	3623647	0.040
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Price($)	Vol.	No.
0.043	216771	2
0.044	2755525	10
0.045	1101837	21
0.046	323904	6
0.047	386001	4

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