LKE 0.00% 4.7¢ lake resources n.l.

All great to call it as it is. If all did the same we would all...

  1. 250 Posts.
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    All great to call it as it is. If all did the same we would all comment the same way as yourself. We feel your frustration.

    Understand that others won't call it as it is but are calling it on what it could be. In order to do so requires research to substantuate the possible future. No one is saying you can't comment on the contrary in fact that is strongly welcomed.

    but do it based on consideration for timeline based on current information.

    Zip pay is a good call on your behalf and the market has matured along time ago to support Zip pay such as internet, security and people willing to accept this method of debt financing. Its also a software company which means the capex is far smaller by comparison. Completely different to a mining company. And its at a different level of maturity. I have Zip pay stock. Bought at 70 cents. Still %100 behind Lake.

    Lake on the other hand relies heavily on the EV market which the infrastructure is still being built. Needs car manufacturers to increase their assembly lines which really are all under construction. Gigafactories are under construction. Governments are assessing their regulations and the impact. Charging stations need to expand more to accommodate demand which Tesls has proven is there in all sectors. Private, Corporate and Goverment. So many cogs need to turn fully.

    This is why Lake can't be judged for tomorrow or even next year. Their news is amazing. Simply put, the focus is on the demand of the future and this summarises Steves latest announcement and Stu Crows twitter account. Understand they are trying to provide context.

    Lake has done well in its 3 to 4 years. Therefore calling it as is needs to consider the external factors otherwise it comes across as a blind statement. People do at times get hyped up and build up expectations on the wrong things with very little to substantiate that either, and i am going to assume this is where you are coming from.

    All the best with Zip pay
 
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