I'd try comparing market cap rather than share price.
If you want to talk odds, what are the chances of any of the current Australian producers tripling in the next six months?
Theres a place in the market for hard rock and brine. No need for us vs them, my spod is better than your brine debates.
The Hydrogen debate is at best a distraction for the next five years. It's hardly relevant in my opinion.
And finally, the Lilac process for which LKE should have a pilot plant running in 6 months is what makes LKE a speculative play.
Comparing LKE to existing spodumene producers based on share price not market cap is a rabbit hole i would rather not go down.
DYOR
LKE..................Chart thread only, page-246
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Last
5.6¢ |
Change
-0.005(8.20%) |
Mkt cap ! $97.27M | |||
| Open | High | Low | Value | Volume |
| 6.2¢ | 6.2¢ | 5.5¢ | $474.9K | 8.275M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 992906 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 161947 | 3 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| LKE (ASX) Chart |