Activist short seller J Capital has attacked lithium explorer Lake Resources for paying financial advisory businesses 41.5 million share options to produce favourable research on it at the same time as insiders at Lake sold shares.
The company says its flagship Kachi Project in Argentina’s lithium triangle has a pre-tax net present value of $US1.6 billion and could deliver annual EBITDA of $US260 million from 2024, according to a pre-feasability study disclosed in March 2021.
Source: Tech Daily Report (techdailyreport.net)
Question J cap....what happened to FFX. Great research on FFX... With respect to LILAC. it is innovation. every innovation has risk vs reward.... we wont be using mobile phones if we did not believe in it
J capital professional shorter?
How come whenever there is a bearish take on a stock it is called an 'attack' or people claim they are lying lol? Whenever one is bullish they are always correct lmao
CrowStu lake_resources
HC_Haplo Argosy Minerals , has the Technology that actually works , give them a call , could work out a sweet deal .
J Cap you mean the guys who in court were found to have a business model based on lying.
CrowStu lake_resources Please respond to the marker regarding the allegation from J Capital...
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