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4.76% 4.4¢ lake resources n.l.

I don't think they are in a desperate position. They don't have...

  1. Trufflehunter
    3,760 Posts.
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    08/03/24
    12:28
    Post #: 72812559
    I don't think they are in a desperate position. They don't have much operational expenses now that the DFS is done. They just need to start negotiating deals, that is it.

    So that $30 million can last them a year, easy. Plenty of time for the lithium and share price to recover while they start getting the deals done.
    LKE Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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