LKE 2.86% 3.6¢ lake resources n.l.

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

  1. 16,727 Posts.
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    “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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