LKE 11.9% 4.7¢ lake resources n.l.

MD presenting on SC Webinar TOMORROW 12:30pm!, page-10

  1. 7,908 Posts.
    lightbulb Created with Sketch. 2080
    "Good news about the potential for further cash injection when the Offtake Agreement is signed!"


    I see this as both good and bad.

    The good: any upfront payments associated with offtake agreements will assist LKE with the capital required to build the plant.

    The bad: any upfront payments will be for the benefit of LKE (rather than the buyer), and won't usually attract top lithium pricing.
 
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