Good morning Lakers,We all know market is not helping us and we...

Good morning Lakers,

We all know market is not helping us and we really don’t know when this uncertainty would settle but it has to settle one day, hopefully sooner than later. The whole market US, Europe, Australasia all down, again nothing specific to ASX or LKE. Pointless blaming the management and criticising them for macro uncertainty.

JL in his latest tweet has indicated “DLE will ultimately help to ease the shortage”…interesting turn around.

Whether an existing producer, near term producer or junior, irrespective of the status, all have got hit in the last couple of weeks and may be a little more to cop in the future too.

If you believe in lithium, LKE and it’s management then just be patient. It is not easy to see your wealth getting wiped out within week. But let’s go back to month of March ‘22, didn’t our wealth double within a month? Wait for the significant announcements which are expected within next 7 weeks. DYOR.

Again it all comes down to your risks vs reward attitude. Good luck

Look at last 6 months SP charts of LAC, SLI, LKE, ALB & SQM.