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Business Description
Lake Resources (“LKE”, “company”) is developing a portfolio of three lithium brine projects, and one hard rock project in Argentina, totaling approximately 181,250 ha.
Website http://www.lakeresources.com.au/
Is the fair value for Lake Resources LLKKF still around 16 cents or has it gone higher since your last report? Thank you…Malcolm Jones
Hi Malcolm, thank you for your question. As we have not made any changes to our long-term price forecasts for lithium, our fair value estimate on LKE remains unchanged at A$0.16 per share. Please remember to follow our Analysts’ Ideas of the Week (link below) for updates on companies under our coverage. Thank you.
https://www.researchfrc.com/ideas-of-the-week/
Lake Resources, LLKKF, has hit a big decline this last few weeks….what is your forecast for future growth, or lack thereof?
Thank you, Malcolm Jones