LKE lake resources n.l.

Ann: Placement upsized by $1.9M to $3.4M, page-6

  1. 23,558 Posts.
    lightbulb Created with Sketch. 2424
    With just 2 words, Bill Gates!!!

    In fact, Mozza01, I reckon that it's raised $3 million!! The SPP WAS battling, big time and the SIs had gone home before that Lilac story.
    IMO, just the start of what "could", "should" be the re-rating by the market.
    Management, now, have a huge responsibility to prove to the market that they can handle this very public development, where the eyes of the Li world will be on them. Nice to see a good start with today's ann keeping everyone in the loop.

    Next two steps are critical. The results from the 20,000 litres test and the PFS. In between that, who knows what else that Lilac story has unlocked for Lake? IMO, they should now be viewed quite differently by financiers in particular (the $25 million) and both potential J/V partners and user offtakers. Tweet this morning re the Jaguar and Volvo running out of batteries story "when will manufacturers learn to lock up supplies?!!!"

    Also nice to see a very sober market reaction this morning. The STs and DTs have had their hit, now LT holders who believe in the end game, should enjoy seeing large volumes going through over 4 cents to wash out the SIs and others with a ST time table clearing their decks with nice profits.
    Will, most certainly, keep SIs "friendly "IF" they are ever needed again and financiers will probably now give LKE a second and third look.

    Just asking, where would we have been today without that Lilac story?what.png Now to capitalize (literally) on it!!


 
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Last
3.2¢
Change
-0.001(3.03%)
Mkt cap ! $57.70M
Open High Low Value Volume
3.4¢ 3.5¢ 3.2¢ $502.5K 15.26M

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No. Vol. Price($)
7 3471691 3.2¢
 

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Price($) Vol. No.
3.3¢ 513329 6
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Last trade - 16.10pm 04/07/2025 (20 minute delay) ?
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