@ADC91 there is a very high chance for another company to buy LKE and I doubt it very much whether we would see LKE in production. Looking at the purity, technology, ownership (100%) etc. if there is a buyer then we are talking multiples of current MC. Wesfarmers paid $776m to purchase 50% of ownership (balance with SQM) prior to releasing it’s DFS. Our current MC is only $22m. PFS very soon, off take partners next and most likely DFS before end of the year. We may even see a takeover offer this year. Potential is huge!!!
Ann: Investor Stream Update 1 23 April 2020, page-17
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Last
5.9¢ |
Change
0.003(5.36%) |
Mkt cap ! $99.88M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 5.9¢ | 5.7¢ | $158.2K | 2.733M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000000 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 1211469 | 12 |
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| LKE (ASX) Chart |