LKE 0.00% 3.8¢ lake resources n.l.

Ann: LOI signed with Argentine Government Entity, page-35

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    If management said they expect the permits in a few weeks - how is that any different to their expectations in June . Etc .

    They can be optimistic- but largely it's out of their hands .

    Anything they could say otherwise would be insider trading . Always sceptical of the "call management " as it implies some degree of spin - converts sceptics .

    This is just a case of market expectations upbeat a price - and if it doesn't occur impatience deflates it.

    I have no doubt this will run when it drills - but I think the delays so far equate to a slow red tape , and a misunderstanding by management of the lengths required.
 
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