LKE 5.13% 3.7¢ lake resources n.l.

LKE towards TOP-5, page-3697

  1. Suw
    2,141 Posts.
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    Good morning Lakers,

    Alliance Global Partners have increased LKE Target Price from $1.50 to $2.75 based on LKE signing an offtake MOU with Hanwa. However, they have used a conservative $15.5k lithium price but Hanwa MOU was at market price & TP would be much higher had they used market price formula (which is quarterly average benchmark price)

    Looking forward to $2 either today or tomorrow and LKE SP of $3 prior to end June ‘22 as we de-risk further. Five LKE holders (Rocketsoul, Poisonivy, Micknosenothing, Waltz & Mozza01) have already confirmed joining $3 party in Sydney. Thank you

    https://hotcopper.com.au/data/attachments/4216/4216298-9cb9864c1b7aa001f88471e16243539a.jpg
 
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