LKE 5.26% 3.6¢ lake resources n.l.

LKE in 2023

  1. Suw
    2,141 Posts.
    lightbulb Created with Sketch. 2749
    Let’s hope lithium sector would bounce back & macro environment improve in 2023. With expected list of announcements below, LKE shareholders would like to see a new ATH SP in 2023. Good luck Lakers

    Expected announcements in Q1

    Potential positive impact

    1

    1. Kachi demo plant Lithium Carbonate purity results from Saltworks

    Confirms LILAC technology is scalable producing high quality Li2CO3. This will be a significant de-risking factor for both LKE & LILAC

    2

    2. Kachi resource upgrade

    Confirms Kachi annual production target. Could JORC be for 50,000 LCE

    tpa or higher?

    3

    3. Kachi DFS/ESIA

    Confirms production can begin in 2024/25 and no significant

    environmental or social impact, with updated capex and NPV. Provides a guideline for new LKE business valuation


    Expected announcements in Q2 2023

    Potential positive impact

    1

    1. Oraloz, Paso, Cauchari drilling update

    Increase LKE business valuation based on these drilling results

    2

    2. WMC unconditional offtake & strategic alliance

    Improved cash flow and certainty of lithium sale

    3

    3. SK ON unconditional offtake & strategic alliance

    Improved cash flow and certainty of lithium sale


    Expected announcements in Q3

    Potential positive impact

    1

    1. FID & financing update for Kachi

    Possible list of large banks involved through Citi & JP Morgan in funding LKE projects along with ECAs

    2

    2. NASDAQ listing



    Expected announcements in Q4 2023

    Potential positive impact

    1

    1. PFS or strategic alliance & technology partners for at least one of Oraloz, Paso or Cauchari

    Improved LKE business valuation


 
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3.6¢
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