He is correct. Many CEOs and investors in the lithium space in Chile are trying to hide the truth and do everything they can to maintain their stock prices high so they can cash out and receive their golden parachutes. They are afraid of the rise of communism in Chile, which threatens their privately owned businesses and the years of know how invested in the learning process of extracting lithium in an efficient way. Unfortunately, many investors are unaware of this situation and still believe what the PR machines are feeding them. The Chile's socialist government intentions are undoubtedly dangerous, and this is a turning point. It wouldn't surprise me if the Chinese government is supporting Chile's decision by guaranteeing future offtakes. Canada has recently banned Chinese companies from participating in lithium projects which have their company registered in Canada, and I'm sure China is using its influence in South America to end Western domination in the region. Lake is in a vulnerable position because they prefer to do business with the WEST and have chosen an American CEO with US-based DLE tech. This is not good because China has better diplomatic relations abroad and usually gets what they want. Argentina is definitely on China's watchlist too. In my opinion this is a geopolitical play of magnitude. As one wise man once said on this forum: "A lot is happening behind closed doors"
- Forums
- ASX - By Stock
- Is Argentina preparing for nationalisation of Lithium?
He is correct. Many CEOs and investors in the lithium space in...
-
- There are more pages in this discussion • 25 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
(20min delay)
|
|||||
Last
3.9¢ |
Change
0.001(2.63%) |
Mkt cap ! $65.07M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.8¢ | $29.24K | 752.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
47 | 3717852 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 622461 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
41 | 3588097 | 0.038 |
20 | 1733214 | 0.037 |
24 | 1959568 | 0.036 |
34 | 2601964 | 0.035 |
16 | 2329205 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 1304211 | 7 |
0.041 | 1300695 | 4 |
0.042 | 1435218 | 12 |
0.043 | 1008967 | 8 |
0.044 | 599155 | 4 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
LKE (ASX) Chart |