Here are your questions you should be asking.
- What is Lake Resources point of difference? Relative to competing mines.
- How large is their resource?
- What impurities are in their brine ànd how much as this relate processing cost.
- How are they affected by Government Policy and what mitigations have they put in place.
- Are there major players directly or closely involved.
- What is their potential Revenue relative to shares on issue to determine potential gains?
- What are the market value of the other mines relative to size of resource.
- What is the timeline? 10 years is ample.
Stock Charts aren't usually the best gauge of a company.
Work its potential price in 5 years against current pricing.
Only focus in what the company has achieved to date and what hurdles are left. Does this fit with your investment timeline? Strategy?
Best of luck.
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Price($) | Vol. | No. |
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