LKE 3.85% 5.0¢ lake resources n.l.

J-Capital Short Report

  1. 804 Posts.
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    Sorry for starting a new thread, been away from HC for over a week and can’t be bothered catching up on everything.


    In regards, to the JCapital report…. God they are late to party, I mean the risk reward on their trade is just stupid.


    Whilst there are many missed deadlines – covid didn’t really help, the insider selling, the fact lilacs technology doesn’t work on some brines, all of this was known. Besides that, there is a lot of misinformation as usual in their stuff.


    The most obvious is the beads

    https://hotcopper.com.au/data/attachments/4499/4499771-1b256749a7d444cb32ab7adbc8fa0dd3.jpg

    Source: returers markets/europe/lake-resources-shares-hit-by-short-sellers-lithium-tech-allegations-2022-07-11/


    They do the whole water and toxic waste angle based on absorption beads rather than ion-exchange false at best.


    There were plenty of other things that were wrong I’m sure, but they were the blaring obvious, also some true stuff, but all of that was known and mentioned by dug about 100 times a week.


    From the short activity recently, they might have mid 80s average at the highest. That’s a lot of risk, seems like a stupid trade.


    We will see if they get burnt or not.


    Again sorry for starting a new thread, and if this stuff has been said already.

    IMO DYOR etc etc.
 
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