The whole question is can you make money with a buy at 13 cents? The price of lithium is highly likely to recover. Kachi is a 50/50 chance to emerge as a profit making concern. The company has numerous other lithium tenements, one with 3X the concentration of Kachi and as I pointed out LKE is special in that if Kachi works the Kachi lithium will be marketed as green. Hard rock and pond brine lithium is brown.
Is a 50/50 bet with significant upside worth the punt? I'm saying yes its OK if others think no.
I've been on board since 4 cents I am pretty used to heaps of people telling me on a daily basis that this company is no good.
LKE 2.0, page-649
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Last
5.0¢ |
Change
-0.002(3.85%) |
Mkt cap ! $86.85M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.3¢ | 5.0¢ | $205.1K | 4.009M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 2017442 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 17000 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LKE (ASX) Chart |