The red cloud report is amateur hour at best.Lake has secured...

The red cloud report is amateur hour at best.



Lake has secured 70% of funding? Er nope, it was an 'expression of interest' (lol).



Assuming a 2024 capital raise at $1.50?

Sound great, but what was red cloud's 12m (2023) price target again?





Hmmm... A CR at $1.50 in 2024, yet a 2023 price target of $3.15? That makes little sense - either the CR is assumed to at a huge discount to the SP, or the PT has been plucked out of thin air.

There are further credibility issues with the report than just the above, but that's a starter.