LKE 2.44% 4.0¢ lake resources n.l.

When the weak hands leave...the institutions will buy the opportunity, page-50

  1. 921 Posts.
    lightbulb Created with Sketch. 2227
    End of the week more like, how can this possibly still justify a market cap over $100m at all now, let alone $500m +. They have nothing now and no plan of any revenue until at least the end of 2027 and to get that will need to spend a capex of $1.5b!!! It's just no longer makes sense in any way at all.

    Sorry to break this to any remaining holders but this is not 'buy the dip', this is game over.

    Lake has been a sham. Stu and Steve should be held to account for this imo.


    Last edited by Vodski: 20/06/23
 
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