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6.2¢ lake resources n.l.

Ann: Achievement of Major Milestone for Project Kachi, page-58

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mbot

10,306 Posts.

1248

17/04/23

09:45

Post #: 67305460
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Originally posted by sqe: ↑

Why is the recovery clause in the agreement? Who put that clause in the agreement? Was it Lilac?

Just imagine.....The resource dropped from 285mg/L to 212mg/L on "expansion" What will the final figure end up coming to?

You realise all these items of brine grade dropping, and recoveries dropping lead to 1 thing.....more CAPEX/OPEX. You do understand this right?

Add to the mix the fact the company has failed miserably to notify the market why the pilot has taken so long to hit its target of 2500kg equivalent, and its no wonder the SP has tanked.

ps. Do you have an estimate of recovery from chloride to carbonate?

Expand

Clearly you don't understand The plant is working 'above spec' Lilac hit the goals for six

Last edited by mbot: 17/04/23

LKE Price at posting: 46.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.2¢		Change 0.001(1.64%)		Mkt cap ! $107.7M

Open	High	Low	Value	Volume
6.0¢	6.3¢	6.0¢	$99.62K	1.630M

Buyers (Bids)

No.	Vol.	Price($)
3	172738	6.1¢

Sellers (Offers)

Price($)	Vol.	No.
6.2¢	143797	3

View Market Depth

No.	Vol.	Price($)
2	169509	0.061
7	308311	0.060
13	946631	0.059
9	2306111	0.058
5	270643	0.057

Price($)	Vol.	No.
0.062	143797	3
0.063	229763	7
0.064	1130878	9
0.065	561939	7
0.066	805600	5

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