LKE 4.84% 6.5¢ lake resources n.l.

Thought I would start a new thread as a few holders (and...

  1. 3,061 Posts.
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    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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Last
6.5¢
Change
0.003(4.84%)
Mkt cap ! $107.8M
Open High Low Value Volume
6.2¢ 6.8¢ 6.2¢ $1.083M 16.64M

Buyers (Bids)

No. Vol. Price($)
3 236923 6.5¢
 

Sellers (Offers)

Price($) Vol. No.
6.6¢ 824617 9
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
6.5¢
  Change
0.003 ( 5.86 %)
Open High Low Volume
6.3¢ 6.8¢ 6.3¢ 8734002
Last updated 15.59pm 10/05/2024 ?
LKE (ASX) Chart
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