I don't think that I have any different feelings towards the company than any other holder. I am furious that I got the exit of Steve and Nick wrong. I am furious that I believed that the chairman's selling of shares prior to the rigorous review was a good sign because I believed he wouldn't sell with a cloud of insider trading over his head. Basically I was an idiot for accepting their reassurances. I drew a bottom line price and I sold up when it hit that price. So now I approach the company with a different mindset. They have developed a good business if the price of lithium hits $33 per kilo and or if they can interest a strategic partner. On both of these I hold a large degree of skepticism but I do think that the price of lithium will return at least to the mid $20 range. The current price is where we were when we were broke and had nothing more than some brine samples. Currently we have tens of millions in the bank and successfully demonstrated the ion exchange process at scale in the field as well as reinjecting with large volumes. I think there is an argument for this company to be well north of 5 cents.
- Forums
- ASX - By Stock
- Chairman to present at Noosa Mining Conference
I don't think that I have any different feelings towards the...
-
- There are more pages in this discussion • 80 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LKE (ASX) to my watchlist
|
|||||
Last
4.2¢ |
Change
-0.001(2.33%) |
Mkt cap ! $71.51M |
Open | High | Low | Value | Volume |
4.2¢ | 4.3¢ | 4.2¢ | $39.33K | 933.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 945182 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 64306 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 945182 | 0.041 |
38 | 3017556 | 0.040 |
14 | 1369769 | 0.039 |
11 | 1724657 | 0.038 |
5 | 1357839 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 64306 | 2 |
0.043 | 836821 | 19 |
0.044 | 2709525 | 8 |
0.045 | 742935 | 10 |
0.046 | 422904 | 7 |
Last trade - 10.09am 28/06/2024 (20 minute delay) ? |
Featured News
LKE (ASX) Chart |