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2.78%

3.7¢ lake resources n.l.

seems like 2cps CR coming soon…would you participate?

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petertanaka

1,191 Posts.

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20/06/24

17:20

Post #: 74412482
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Originally posted by sowens: ↑

Hi Aldi99, I think that fundamentals are everything. The most important fundamental is the price of lithium. If it was still $80 per kilo LKE shareholders would be those painful people explaining how they got rich off a sub 3 cent stock but the price is $13.50 and LKE shareholders are those people searching for change down the back of the couch. But the real question is what will the price be in 2030? Will it be $20 or $40? One of those prices will see Kachi into production the other won't. We all know that the big oil majors and now Indian Coal are searching the world for lithium deposits of a decent size. I guess the unknown is what price do they think lithium will sell for? If their economists come to the conclusion that it will be closer to $40 then they may well want to make an investment in a low grade 10 million ton LCE project at the current bargain basement price. Excuse me for a moment I think I saw something at the back of the couch.

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seems like 2cps CR coming soon…

would you participate?

LKE Price at posting: 4.7¢ Sentiment: Sell Disclosure: Not Held
4 Upvote

0 Great analysis

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(20min delay)
Last 3.7¢		Change 0.001(2.78%)		Mkt cap ! $61.73M

Open	High	Low	Value	Volume
3.7¢	3.7¢	3.6¢	$82.85K	2.249M

Buyers (Bids)

No.	Vol.	Price($)
11	1569155	3.6¢

Sellers (Offers)

Price($)	Vol.	No.
3.7¢	944575	9

View Market Depth

No.	Vol.	Price($)
11	1569155	0.036
43	2471589	0.035
15	1973716	0.034
13	1233197	0.033
11	1162415	0.032

Price($)	Vol.	No.
0.037	944575	9
0.038	1013453	12
0.039	1326232	11
0.040	963927	19
0.041	1499539	7

Last trade - 16.10pm 29/07/2024 (20 minute delay)

LKE (ASX) Chart