LKE 8.20% 5.6¢ lake resources n.l.

Ann: Successful Extraction and Injection Tests at Kachi, page-108

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  1. 17,061 Posts.
    lightbulb Created with Sketch. 2643
    “LKE management have backed themselves into the corner. Falling lithium prices, falling sentiment. Rigorous update delivered which destroyed retail confidence.”


    And falling Aussie dollar!!

    https://hotcopper.com.au/data/attachments/5514/5514710-f5f2ffcdf3d2bceef25425adede3bcc9.jpg

    That ~ AU$80mil at bank = ~ US$51.3mil

    And Capex ~ US$1.5 billion = ~ AU$2.34 billion (excluding power).

    IMO DYOR
 
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5.6¢
Change
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