Does anyone know why AGY keeps powering ahead? I thought their land holding in Rincon of 2,346ha looks pretty small with unproven resource ? On a positive note it's good to see them rocketing up. The offtake and finance deal with the Chinese must have set them off.
What would LKE be worth with their 52,000ha land holding in Kachi if proven up? I think if the drilling turns up good the Chinese will jump on it at an instant. ASN had some historical lithium in brine results and are already signing MOUs with 3 Chinese co's without a single drill yet. It proves the Chinese are frantically trying to lock in supplies with whoever has a good sniff of lithium.
And those LKEO gives amazing leverage if LKE will do anything like AGY. The last time I came across such good leverage was BIGO with a 4:1 leverage. I was happy to get 3 bags for it only to miss out on another 25 bags within several months! And 100+ bags for those who bought in a bit earlier than me. LKE oppies still have 11 months to go, so if they can get to drilling in a timely manner there are enough time for meteoric gains.
Just some rough trajectory:
LKE at 6.2c : LKEO 1.2c
LKE at 12c : LKEO 3-4c
LKE at 24c : LKEO 15c
LKE at 60c : LKEO 50c
LKE at $1.20 : LKEO $1.10!
Not really a pie in the sky scenario given the hot space and area of operation that LKE is in. Just look at AGY.
LKE Price at posting:
6.2¢ Sentiment: Buy Disclosure: Held
