LKE has gone from $1.89 to $1.25 then today $1.15 all going south not north and all on a 20 000 ltr test ah the dot com days and can guarantee these timelines will not be met thats one thing LKE do right miss timelines
LKEexpectsto completea DFS for the project in late 2021/early 2022 for an initial
25ktpa LCE project, with studies due in 2022 to assess the potential to lift capacity
to ~50ktpa.Timelines suggest first production from late 2024. Our $1.15 target
price isbased on a risked NPV10% for our modelled development/production
scenario (LT Li2CO3 US$15,000/t)
Red Cloud initiates coverage on LKE target price A$1.25, page-16
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Last
4.2¢ |
Change
-0.002(4.55%) |
Mkt cap ! $69.85M | |||
| Open | High | Low | Value | Volume |
| 4.4¢ | 4.4¢ | 4.0¢ | $804.1K | 19.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 1003503 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 363172 | 5 |
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| Last trade - 14.25pm 25/06/2024 (20 minute delay) ? |
| LKE (ASX) Chart |