LKE 5.26% 4.0¢ lake resources n.l.

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-55

  1. sqe
    6,939 Posts.
    lightbulb Created with Sketch. 3626
    LKE chart for the past 3 months.

    Highlighted the September 2022 and December 2022 quarterlies. Price had decreased from $1 to $0.8. In that time, the company has delivered "updates" on its pilot, and updates to the board. According to the LKE fanbois, the pilot is a raging success.

    If the company is a raging success, then why is the SP dropping between quarterlies when Lithium prices are at all time highs.

    Volume also diminishing. Where are the buyers? According to the LKE fanbois the pilot is kicking goals and this thing is a bargain. Then why is no one buying?

    https://hotcopper.com.au/data/attachments/5005/5005792-3307c13e7a4a9dd27bd6f735ee12ab9d.jpg


 
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