the other point to add to Matillas , is that lke don’t own the dle process . Lilac do . There is nothing in this “partnership” that gives them any IP in the technology . If you go through all disclosed information on the partnership between lke and lilac , details of their partnership are very skant or almost non existent . Who gets what share of the benefits if lilac successfully develop their dle technology ?
Now ask yourself this question , if your own a high tech patented process and someone is supplying you a run of the mill raw material that without your process they probably have a very high capex / high opex output instead resulting , you are going to extract a very large premium from them in any formalised jv . Put differently , lilac have all the trump cards .
The other thing to bear in mind even with the lilac process is you end up with lithium chloride which then needs to be further treated to lithium carbonate . So another player again needs to be involved . None of this is meant to be critical of lake but rather pointing out lke is a much higher risk play as they are starting with a significantly lower quality input and as Matilda rightly pointed out hence their desire to go hard on very unproven technology .
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $78.20M |
Open | High | Low | Value | Volume |
17.0¢ | 17.0¢ | 16.0¢ | $426.5K | 2.577M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 425203 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 83886 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 425203 | 0.160 |
8 | 1058630 | 0.155 |
15 | 1609366 | 0.150 |
2 | 70000 | 0.145 |
6 | 158600 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 83886 | 4 |
0.170 | 318701 | 10 |
0.175 | 106400 | 4 |
0.180 | 239433 | 7 |
0.185 | 201471 | 5 |
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