LKE 1.79% 5.7¢ lake resources n.l.

Jmap. I sold "the bag" in 2022. I've picked up a few since then,...

  1. 22,267 Posts.
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    Jmap. I sold "the bag" in 2022. I've picked up a few since then, but, I'm still working on whether or not I should start a new bag. Yes, I'm very tempted to. I'm 80, but, very well, and I'd really like to still be around IF production comes from Kachi.
    I,genuinely, see the "romantic" side of the potential story. It's quite historic. With no proven process, no earnings, all blue sky, seeing them being crazily, and, IMO, improperly, "promoted" to the ASX 300 (the killer) and then FURTHER "promoted" to the very elite ASX200, with the same "credentials", only to be slaughtered by the waiting vultures that have torn the capital of the company from the eye watering heights of over $3 Billion (ABSOLUTELY FARCICALLY) to the current $67 million. That is HISTORIC in the history of the ASX, fundamantally caused by them, but then, very strongly aided and abetted by idiots who managed the company and, probably, THE major protagonist still remaining as it's Chairman!!! It's a story that would be classified as Fiction in any library, it is so unbelievable.
    And which brought out a viral support base in Hot Copper for the shorters who have delivered that disaster to so many "innocent" "investors in good faith" in the likes of the Vanguard ETF and all other specialised ETFs. Superannuation money invested unknowingly in an empty shell, no earnings, no proven commercial development proocess. How caould that have happened in a so called civilized country??.
    Now, I'm hanging around to see the final chapter, no way I'm walking away from the end of this story, unless I run out of time.
 
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