LKE 1.69% 5.8¢ lake resources n.l.

G'day suw. I still stick to my theory re Battery Day:-And as for...

  1. 20,922 Posts.
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    G'day suw. I still stick to my theory re Battery Day:-
    And as for “Battery Day”,what I took out of that was all about “cheap”, price must be lowered.
    Clearly, Musk is telling everyone that he will want a mountain of lithium every year AND he knows that HE can’t produce it all himself, despite the salt shaker.
    In other words, he will need to purchase it from producers, and what he is doing is trying to tell them that that’s not necessarily the case and that they don’t have him by the balls.He wants to have them by the balls, which is what he would most certainly do if they became dependent upon him through some “connection”.
    Now, re PPL, IMO, the last thing Lake wants is a direct “connection” with Musk.
    Just ask all the Australian fruit, veg and dairy farmers what it’s like being beholden to Coles and Woolworths!!
    Multiply that 1,000 times if Musk “owns” you!!! If he wants Lake, let him BUY it outright, not just "own" them.

    We're nearly back up 100% in the month. So much for the CR being a negative.
    Last edited by gassed: 28/09/20
 
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