Anyone can make money when lithium prices are this high. It's obfuscating what was a very poor result. The fact of the matter is that Mt Dudlin is hands down the worst lithium asset in Australia. And to make matters worse, AKE have got arguably, IMO, the worst execution team of any lithium company. The merger didn't help. Bad management joining bad management still ends up being dud management.
And Olaroz was a piece of rubbish 3 years ago and is still a piece of rubbish.
Let's see if SDV is the saviour. I wouldn't bet on it.
AKE Price at posting:
$14.65 Sentiment: None Disclosure: Not Held