LKE 8.33% 5.2¢ lake resources n.l.

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  1. Suw
    2,141 Posts.
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    @rtrerly good analysis but in my view Kachi based on cashflow, MC will be worth close to 1B... provided we have the technical know how at BOD level, LILAC plant produces as promised, we get required funding and solid offtake partners. I still reckon LKE requires new experienced BOD members or a solid JV partner to take us forward to make things happen. With further dilution or JV, we may even have 1.5b shares in distribution which get us to an approx. share price of 70 cents - only for Kachi. Almost 18 times the current SP.....without considering the upside from other potential lithium sites under LKE. A long way to go but I seriously hope things will speed up in the next 3 to 6 months with improvement in SP.
 
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