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4.0¢ lake resources n.l.

Wise words, Bluegoose. Thanks for the refocussing. Cheers, La...

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La Tache

539 Posts.

1408

13/11/17

12:45

Post #: 28735460
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Originally posted by Bluegoose ↑

Thought I would start a new thread as a few holders (and "wannabe holders") are losing sight of the main game here.

Even at the current SP, LKE is a mere $50M market cap. This isn't a lot compared to it's peers and doesn't reflect the potential of Kachi and Olaroz.

My target is at least $100M market cap on successful brine grades, and then a further $100M ($200M total) upon successful capital raising and potential off-take type MOU from a major Lithium buyer / converter.

Don't be fooled - smart money / buyers want your shares at these levels!!!! They can't get enough - hence the price is ticking up steadily. 2 steps forward, 1 step back. They will shake the tree and take any loose fruit.

I haven't sold a cracker and the plan is I won't be selling for some time assuming management keep ticking the boxes and progressing one or more of our company making projects. LKE have some of the best land holdings in the Lithium triangle - and not only do they have Quantity, they have QUALITY as well. It's just a matter of proving and publishing the facts in due course.

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Wise words, Bluegoose. Thanks for the refocussing.
Cheers, La Tache.

Last edited by La Tache: 13/11/17

LKE Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.0¢		Change 0.000(0.00%)		Mkt cap ! $66.74M

Open	High	Low	Value	Volume
4.0¢	4.1¢	4.0¢	$23.72K	593.1K

Buyers (Bids)

No.	Vol.	Price($)
8	802732	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
4.0¢	643499	2

View Market Depth

No.	Vol.	Price($)
8	802732	0.038
8	662891	0.037
14	837798	0.036
19	1365953	0.035
11	1298267	0.034

Price($)	Vol.	No.
0.040	643499	2
0.041	1064713	5
0.042	1406351	10
0.043	778883	5
0.044	637680	6

Last trade - 10.14am 05/09/2024 (20 minute delay)

LKE (ASX) Chart