“likely & if”
These are some strong words.. Considering we came from “never & doesn’t”.
First the “if” - we know from the initial update the process works. Now the only question left is how well lilac can make it work.
Next the “likely” - here I kinda agree 50ktpa in 2026 sounds reasonable. I mean if you consider the state of the world today & the following:
DFS: early 2023
ESIA/Offtakes/Finance: 3-6 months after DFS
Construction start: late 2023/early2024
Construction: 12 months?
Commissioning: late 2024/early 2025
Production start & ramp up: 2025
50ktpa: late 2025 / early 2026
Now DD might have some tricks up his sleeve when it comes to construction & fast tracking certain deliverables. Also not to forget during this time LKE will also be fast tracking the 3 other projects. Lots to look forward to & it’s no wonder why shorts are starting to get the jitters.
LKE towards TOP-5, page-15787
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Last
4.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $68.40M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.1¢ | 4.0¢ | $26.76K | 655.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 825068 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 234382 | 4 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| LKE (ASX) Chart |