Ann: Lake and Ford sign non-binding MoU for lithium offtake, page-75

First of all, it's not a good idea to short companies will be benefited in a generational mega trend.(Electrification, EV adoption).


For LKE:
25000 tpa with Hanwa--- to cover supply chain in Japan, might lead selling lithium carbonate to Toyota, Nissan
25000 tpa with Ford----- North American supply chain and Tier 1 partner for sure.


Current Lithium carbonate price per tone: CNY$496500=AU$100,000, let's say by the time LKE starts production, the LC price drops to AU$35,000 per time.
Revenue: $35,000 x 50,000= AUD$1.75 B.---Stage 1
Revenue:$35,000 x 100,000 AUD $3.5B---- Stage 2

So 1 year revenue is more then current MC, and do not forget the average P/E for a mining company is 17.5.

Come on, fellow investors.