Dugsab, the man, the myth, the legend over on Reddit. Must admit we are all surprised. A man of focus, commitment and sheer will. Don’t think I’ve seen someone with so much dedication to question a stock for several years. Think I’ve seen you at the $0.3 days.
The harder they rise, the harder they fall. 70% in a few days. Previously I’d say it’s 50/50 with shorts targeting the stock and how much lithium has blown up with 5 uptrending wave cycles but continual rate rises increase the chance of a recession, and recessions spare no stock. That’s a fact. Shorters have the power.
Also your comment above on scalability, as Dugsab has been saying, it hasn’t been proven. That’s probably why Ford hasn’t signed a binding off take agreement. If Ford does sign it before scalability proven, I’ll eat my words. Until then, it explains the concerns people have with this stock. Has a way to go to prove it’s a $1 or $2 billion stock. All imo, however this stock has had huge liquidity and massive momentum compared to other lithium stocks pre and in production. One of the best stocks in the ASX for trading.
@Smouldering demo plant in July this is when the rubber meets the road. There are companies supported by the naysayers who think their projects can go into production without a demo plant tell them they are dreaming.
The demand for lithium is immense Ford will sign when the time comes. I'm more than happy with LKE's progress derisk the project show the market what the LT shareholders already know Lilac is a game changer and LKE will be the first (or second depending if CTR beat us) to deploy this technology which btw is borrowed from ion exchange water processing plants and we know these operate at massive scale.
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3.4¢ |
Change
0.001(3.03%) |
Mkt cap ! $56.72M |
Open | High | Low | Value | Volume |
3.3¢ | 3.4¢ | 3.3¢ | $116.4K | 3.457M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
33 | 2629138 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 995679 | 7 |
View Market Depth
No. | Vol. | Price($) |
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1 | 15000 | 0.035 |
1 | 29411 | 0.034 |
30 | 2568010 | 0.033 |
16 | 1674463 | 0.032 |
17 | 1992521 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 4000 | 1 |
0.034 | 267021 | 6 |
0.035 | 914838 | 8 |
0.036 | 1033398 | 6 |
0.037 | 547635 | 6 |
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