LKE 8.11% 4.0¢ lake resources n.l.

LKE towards TOP-5, page-20601

  1. sqe
    6,939 Posts.
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    BS

    1) They have a low grade asset
    2) They don't own any IP related to chemical processing. A play on lake is a proxy for a play on lilac
    3) They have yet to prove commercial viability
    4) They have yet to demonstrate they can get a chemical plant to market (do pump tests etc)
    5) They have yet to submit an ESIA, and have yet to demonstrate that a chem plant at Kachi won't negatively impact the Lake/Wetlands and local flora + fauna.

    LKE is most certainly NOT a take over target
 
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