How is a company with a $60M market cap going to raise $1 - $2 Billion to fund Kachi?.
Unless lithium prices quadrupled or more, it will never happen. Even then it would be very unlikely.
Management have done a real number on shareholders over the years.
Not only did they pocket BHP type salaries, they made millions and millions from share sales dumping to the public.
This is what I call "Organised crime". They were very organised indeed and it was a very well orchestrated scam.
It's sickening to think these guys are multi multi millionaires and 99% of their shareholders have lost money.
News: LKE Lake Resources cuts staff, eyes asset sales amid low lithium prices, page-90
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