LKE 5.13% 3.7¢ lake resources n.l.

yeah but what about this specific company is good compared to...

  1. 2,833 Posts.
    lightbulb Created with Sketch. 1629
    yeah but what about this specific company is good compared to the 50 similar companies on the asx?
    there was a guy on here 4hrworkweek, like you he was a non-holder wanting to get in and making excuses for all of the problems, i think he eventually entered right before lakes operational update which we all knew would be a huge delay and cost increase since it was plainly obvious, price around then was 50c and rode it alllll the way down to the teens then went quiet..
    just because something was at $2 and now its 9.5c doesnt mean theres a chance it can go back to $2, kachi will never ever get off the ground, just look at the fundamentals of the project, it is SO expensive and so wasteful, there is practically no chance in 2024 with these lithium prices that kachi will be funded, if by some miracle it is funded then that means EVERY lithium company on the asx will get funded to production and in that context there are way more bargains out there vs LKE at 133m MC! just wait for the quarterly, see the cash they have left and how many quarters that equates to without including the loan facility because thats a CR, they will be out of money in 3 months, what is coming in the next 3 months in terms of news which will send this back to 20c? absolutely nothing, it'll keep dropping and they'll CR at like 8c for 30m which is like 25% dilution for another 3 months on funding
 
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Last
3.7¢
Change
-0.002(5.13%)
Mkt cap ! $61.73M
Open High Low Value Volume
3.8¢ 4.0¢ 3.7¢ $92.45K 2.407M

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No. Vol. Price($)
10 735921 3.7¢
 

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Price($) Vol. No.
3.8¢ 371214 2
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Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
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