consider the lithium bubble, which is enthusiasm before / over fundamentals, that doesnt mean when its deflated that there arent genuine opportunities for a company to make itself a footing in the future developments.
So, IMO, just as the MD highlighted, how do you stand out?
KDR has scale and flat lying etc, so highly rated as a future to be developed or be acquired.
LKE ? well its simple. We are next to the largest lithium producers in the world, and about to potentially drill the same aquifers. You think if we establish a resource that they would let us be the new kid on the block? or amalgamate / buy the project from us?
Tough questions need to be asked, for every lithium stock, if it has merits to stand above and get developed or take out. Its all about scale, size / grade and economics matter.
LKE Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
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