re valuation for this stock, page-22

gassed, I don't pretend to know much about the machinations of the traders however looking at what LKE have and what they want to achieve despite an initial slow start, any good results say 400mg/l will not be left feild given 306 mg/l was the highest 'average' result so far in a very close by area and that's good anyway but not enough to light the fire. The recent ann that they are moving on to Cauchari made me think there are no further outstanding results for Kachi??? But according to the previous ann LKE are waiting on more assay and drilling results and they would be breaking the law I believe (correct me if I'm wrong) if they don't release the reults immediately. Therefore the results from the other drill holes have not yet been determined and it could be very positive! This is a long play until LKE have no more funds. If in the meantime they find some rich Li deposits which seems quite likely they may get bought out. I think that is the play here and at current market cap, 55 cents a share seems reasonable as per the valuation done earlier and posted in an announcement a few months back $$$