LKE 0.00% 3.4¢ lake resources n.l.

Not far away, page-10

  1. 592 Posts.
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    hi Earl

    yes I do agree that the amvest situation is contributing to holding the sp back

    As well as weaker lithium price and current demand .
    That will change however . There are always fluctuations , look at iron ore . The price skyrocketed many years ago , then crashed then skyrocketed again
    simple supply and demand

    I believe that the world will be demanding more lithium in future not less . Electric vehicles as Steve said are everywhere in China . Battery banks for solar , mobile technologies and so on .
    Although in regards to vehicles I would actually prefer to see the development of hydrogen utilised , I think that technology would be amazing . EDEN innovations are working on that one

    But what I find most exciting is that we have a company with a $37 million cap with more than likely the same resoureces of it’s neighbour that has a $750 million cap

    That’s incredible and definitely worth the punt in my opinion
    I’m happy to be holding and waiting

    GLAH

 
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