LKE 0.00% 6.1¢ lake resources n.l.

LKE in 2023

  1. Suw
    2,141 Posts.
    lightbulb Created with Sketch. 2749
    Let’s hope lithium sector would bounce back & macro environment improve in 2023. With expected list of announcements below, LKE shareholders would like to see a new ATH SP in 2023. Good luck Lakers

    Expected announcements in Q1

    Potential positive impact

    1

    1. Kachi demo plant Lithium Carbonate purity results from Saltworks

    Confirms LILAC technology is scalable producing high quality Li2CO3. This will be a significant de-risking factor for both LKE & LILAC

    2

    2. Kachi resource upgrade

    Confirms Kachi annual production target. Could JORC be for 50,000 LCE

    tpa or higher?

    3

    3. Kachi DFS/ESIA

    Confirms production can begin in 2024/25 and no significant

    environmental or social impact, with updated capex and NPV. Provides a guideline for new LKE business valuation


    Expected announcements in Q2 2023

    Potential positive impact

    1

    1. Oraloz, Paso, Cauchari drilling update

    Increase LKE business valuation based on these drilling results

    2

    2. WMC unconditional offtake & strategic alliance

    Improved cash flow and certainty of lithium sale

    3

    3. SK ON unconditional offtake & strategic alliance

    Improved cash flow and certainty of lithium sale


    Expected announcements in Q3

    Potential positive impact

    1

    1. FID & financing update for Kachi

    Possible list of large banks involved through Citi & JP Morgan in funding LKE projects along with ECAs

    2

    2. NASDAQ listing



    Expected announcements in Q4 2023

    Potential positive impact

    1

    1. PFS or strategic alliance & technology partners for at least one of Oraloz, Paso or Cauchari

    Improved LKE business valuation


 
watchlist Created with Sketch. Add LKE (ASX) to my watchlist
(20min delay)
Last
6.1¢
Change
0.000(0.00%)
Mkt cap ! $105.9M
Open High Low Value Volume
6.0¢ 6.3¢ 6.0¢ $194.0K 3.189M

Buyers (Bids)

No. Vol. Price($)
1 631 6.1¢
 

Sellers (Offers)

Price($) Vol. No.
6.2¢ 618017 4
View Market Depth
Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
LKE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.