LKE

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4.0¢ lake resources n.l.

LKE towards TOP-5, page-7142

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dugsab

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01/06/22

22:42

Post #: 61766653
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Originally posted by Luongho76: ↑

Below is comment from Cannacord Mining analysts.

That oversupply in the market that Goldman Sachs is referring to is in lithium production from China lepidolite sources which is lower grade, difficult to process and more expensive to process in comparison to spodumene,” he said.“I’ve been covering this sector for seven years and I can tell you supply always disappoints, especially from unconventional sources such as lepidolite that Goldman Sachs is referring to in their research report.

“Lithium projects are always behind schedule, always, and to say that the world’s supply issues are going to be resolved in three years from unconventional resources, which means higher costs to produce and extract…I think is wrong.” Uncertain market factors, yes, prolonged down-turn, noWhile we are in an environment where there are more uncertain factors at play, Spencer says this is not a prolonged downturn.“It’s ridiculous, two months ago the market didn’t care about what was going to happen in 2023 but it is because of this report and reports by others including Credit Suisse, that everyone seems to be panicking and selling their shares.“But it is important to note that all we have seen so far is a fall in equities.“This is an equities market correction, if you have a look at the fundamentals of the lithium industry, they are still very strong.”

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That’s a bit rich coming from Cannacord…No. 1 net seller of LKE in the month of MAY 2022…

LKE Price at posting: $1.35 Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 4.0¢		Change -0.003(6.98%)		Mkt cap ! $66.52M

Open	High	Low	Value	Volume
4.2¢	4.3¢	3.9¢	$753.4K	18.59M

Buyers (Bids)

No.	Vol.	Price($)
4	731925	4.0¢

Sellers (Offers)

Price($)	Vol.	No.
4.1¢	760271	12

View Market Depth

No.	Vol.	Price($)
3	719925	0.040
24	2445434	0.039
13	1894657	0.038
4	1330812	0.037
10	1425619	0.036

Price($)	Vol.	No.
0.041	511999	5
0.042	1384013	12
0.043	659666	10
0.044	521887	8
0.045	268269	4

Last trade - 16.10pm 28/06/2024 (20 minute delay)

LKE (ASX) Chart

LKE towards TOP-5, page-7142

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

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Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Recce's R327 found effective against E.coli during clinical trial

Ava Risk Group expands US presence with A$0.7M Substation Deal

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Featured News

Buyers (Bids)

Sellers (Offers)

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LKE towards TOP-5, page-7142

Top Stories

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Microcap Wrap: 5 explorers with news out today

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Recce's R327 found effective against E.coli during clinical trial

Ava Risk Group expands US presence with A$0.7M Substation Deal

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Featured News

Buyers (Bids)

Sellers (Offers)

Featured News