LKE
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4.76% 4.4¢ lake resources n.l.

Ann: Trading Halt, page-49

  1. DG4444
    1,983 Posts.
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    08/03/24
    12:31
    Post #: 72812664

    IMHO

    If they reduced costs a further 30% on the already obtained 40% reduction of the December 2023 Quarterly expenditure, then Total relevant future outgoings (8.3) each quarter is


    $27.255M x 0.6 x 0.7 =$11.45M


    https://lakeresources.com.au/wp-content/uploads/2024/01/lke_quarterly_activities_appendix_5b_cash_flow_report_31-jan-24.pdf


    DYOR

    Last edited by DG4444: 08/03/24
    LKE Price at posting: 11.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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