LKE 3.85% 5.0¢ lake resources n.l.

Red Cloud initiates coverage on LKE target price A$1.25, page-16

  1. 1,663 Posts.
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    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)
    Last edited by cryargentina: 22/10/21
 
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