LKE lake resources n.l.

LKE towards TOP-5, page-8

  1. 5,232 Posts.
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    Yes Suw very good, very logical, very positive. However I'm not one to accuse the market of rationality or logical thought (short term). Imagine the day that Steve and David hold a press conference to announce the results of the demonstration plant. What if they announce what most of us expect?
    Lithium from brine at a high extraction rate. Lithium produced in hours. Lithium produced at exceptional purity levels and the brine returned to the aquifer in an environmentally positive fashion. Now I know that unforeseen problems can arise but I'm just looking at best case scenario Ill leave worse case to others.
    If such a press conference occurs the market will go crazy and push the price (temporarily) to who knows where.
    As gassed pointed out several years ago LKE/Lilac has the potential to disrupt the entire lithium industry.
    Just a side note. I thought that the market would go nuts when Lilac came up with the 99.97% purity results but not much happened. Go figure. It was months after the 99.97% results that we saw it take off.
 
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(20min delay)
Last
3.2¢
Change
-0.001(3.03%)
Mkt cap ! $57.70M
Open High Low Value Volume
3.4¢ 3.5¢ 3.2¢ $502.5K 15.26M

Buyers (Bids)

No. Vol. Price($)
7 3471691 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 513329 6
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Last trade - 16.10pm 04/07/2025 (20 minute delay) ?
LKE (ASX) Chart
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