LKE 1.72% 5.9¢ lake resources n.l.

LKE's ECA (Export Credit Agency) Eligibility, page-113

  1. 20,925 Posts.
    lightbulb Created with Sketch. 2018
    Agree again chuk. What happened on the 27 of January, that took the SP into a different stratosphere from nowhere on that day to 46 cents, was akin to euphoria at the time, as it really was only supported by that $20 million capital raise. There is MUCH more substance and "logic" about the company now, it's product, it's direction and it's market, than there was on 27 January 2021 and now the SP has gradually and consistently moved up from the mid 20s to where it is now heading.
    I believe that the gradual rise is sustainable and by comparison to its peers, "logical".
    This run "could" be the start of the actual definitive foundation from which the company can launch going forward.
    It's still a crazy world out there and still has a massive elephant in the room, so, it mightn't be smooth sailing.
 
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