LKE 8.20% 5.6¢ lake resources n.l.

Price ready to skyrocket, page-50

  1. 2,834 Posts.
    lightbulb Created with Sketch. 1629
    thats not true, see ASN "FEED is essential for financing" offtakers wont sign binding offtakes on a DFS, financing wont occur on a DFS, at a 20m per quarter burn rate LKE will be needing funds by mid next year, FEED is due mid next year and that also costs alot to produce so who will be funding them beyond june next year? how do near peer companies raise capital, both ASN and VUL raised in the last year? VUL raised 109m after their DFS from "new shareholders and institutions" at $5.10 price when the SP was $6.16.. LKE need to raise on their own terms when they feel the SP is highest that'll likely be a few days after the DFS to capitalise on any pump, after that there are too many catalysts to prop up the SP as the FEED begins
 
watchlist Created with Sketch. Add LKE (ASX) to my watchlist
(20min delay)
Last
5.6¢
Change
-0.005(8.20%)
Mkt cap ! $97.27M
Open High Low Value Volume
6.2¢ 6.2¢ 5.5¢ $474.9K 8.275M

Buyers (Bids)

No. Vol. Price($)
5 992906 5.6¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 161947 3
View Market Depth
Last trade - 16.10pm 07/11/2024 (20 minute delay) ?
LKE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.