LKE 2.50% 3.9¢ lake resources n.l.

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-56

  1. sqe
    6,939 Posts.
    lightbulb Created with Sketch. 3626
    Current mkt cap is $220M AUD, yet the CAPEX required just to get grid connection to site for Lilacs power hungry process will be circa $300MUSD? = $476MAUD.

    So circa 2x the company mkt cap just to get power?

    The company just torched $29M for a qtr and they are not even in construction. No revenue until 2028 at the earliest?

    Where is the pump squad?
    Last edited by sqe: 31/10/23
 
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