Steve Promnitz Interview, page-18

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brunk

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30/11/18

19:00

Post #: 36710846
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Originally posted by pos1963: ↑

hi gassed, LANXESS would be a nice partner to have with brine processing know how AND funds. LANXESS is a German company which purchased the bromide extraction plant and leases from US listed Chemtura for USD 2.3 billion only as recently September 2016. LANXESS global sales of specialty chemicals (before the acquisition were USD 8.8 million.

The pilot plant at one of LANXESS operations seems to be well advanced. I will trck for interest

It seems they have achieved a neat backdoor entry into 3 point something million tonnes inferred LCE resource . No doubt that will put a smile on the German auto industry faces

Concerning my earlier post regarding the pattern of share sales / prices today's trading fits the pattern of the previous five days precisely. Some games in the last 5 minutes of trading, pulled back after 4.00 pm.(has been going on for months)The average of nine of the 13 outstanding buy orders is 100,000 units. An interesting week, we may be a little wiser next week concerning the outcome of the apparent "management" of the market. Cauchari results if positive surely cannot be delayed beyond next week

I share the general cautious optimism now that we know that there are equivalent alternatives to Lilac. It is "only" a matter of the right deal. It would be nice if that could be conveyed more effectively in the presentation to allay the understandable concerns of the sceptics which must be having a negative effect on uninformed investor decisions and the share price.We have to change the language from being "confident that " to being "sure that" .

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more than likely a lot of potential investors are feeling more interested but holding back waiting. if buyer interest picks up the sp could go for a run very quickly - theyll all be jumping in

LKE Price at posting: 11.5¢ Sentiment: Hold Disclosure: Held
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