The reason I believe big money has not been thrown yet is because the big boys with cash have already got others on their ledger. The issue for them is that no one has lived up to their PFS or DFS. So really those things aren't a sell. 100% behind Steve and Stu. Pre production is the only way for them to improve the stock price.
Steve mentioned in his last interview that they intend to be the same as Orecobre " but do it better". That is the message I believe these boys have been given.
The next 6 to 8 months will be absolutely crucial. Nothing that management or Lake can control. This is so heavily dependant on the success of Lilac and their management to hit their goals. Stu and Steve are sitting ducks. I know people think they can sell their story but every story needs a climax. We aren't there yet. Its still been written.
The reason I believe big money has not been thrown yet is...
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Last
4.1¢ |
Change
-0.002(4.65%) |
Mkt cap ! $68.18M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.4¢ | 4.1¢ | $227.7K | 5.423M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1119901 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 30000 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| LKE (ASX) Chart |