The Lake Resources N.L. ( ASX: LKE) share price is rocketing after the company revealed its Kachi Project’s demonstration plant has already produced at-spec lithium product. The Lake Resources share price is soaring 10.38% on the back of the news. It’s currently trading at $1.17.
Will lake resources get a price query from the ASX?
Given the sharp and sudden decline by the Lake Resources share price, the company is likely to be hit with a price query from the ASX. If that's happens, it will have to give an explanation for the decline and, if that reveals that nothing is wrong behind the scenes, the selling pressure could ease.
Does lake resources have a strategic partnership with Goldman Sachs?
Lake Resources (ASX: LKE; OTC: LLKKF) ("Lake" or the "Company") announced today that the operating entity of Lake's flagship Kachi lithium brine project ("Kachi") has retained Goldman Sachs as financial adviser in connection with exploring a potential strategic partnership for Kachi. PR Newswire
