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37.0¢ lithium energy limited

Ann: World Class Lithium Intersections Confirmed at Solaroz, page-58

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PirataCzornomaz

2,688 Posts.

546

01/05/23

14:45

Post #: 67545905
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Originally posted by Bluegoose: ↑

Will this thing finally re-rate??.

So many false starts.

I was convinced upon the initial "discovery hole" that the proven horizons would spur on LEL to $2+, only to see it get smashed back to 50 cents.

Fingers crossed this is the time it will stick but too many fickle traders on this stock to date - a few need to be left behind for good so that we can move on to a proper re-rating.

Fingers crossed!!.

LEL has great potential with both Lithium and Graphite - 2 nice projects.

Also, I wonder if the recent rumblings about Argentina / USA doing a deal on Lithium may help LEL in due course?. I don't understand enough about the detail yet.

Expand

Agree with you 100%. Dont know why so many trades selling off post CR $15M at $1.00.

Compared to similar peers SP $2.00 would be still below par but digestable. $0.50 is/was a joke.

All it takes is LAC/Ganfeng throwing a US$200M offer (very comparable to Arena Minerals T/O) to make the SP sit at $3.00 where I believe is minimum fair value.

LEL Price at posting: 77.0¢ Sentiment: Buy Disclosure: Held
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