LKE
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11.4% 7.8¢ lake resources n.l.

LKE towards TOP-5, page-24059

  1. Melen100
    1,281 Posts.
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    10/03/24
    09:01
    Post #: 72830343
    That is not the issue

    The bankers have to fund this regardless of the price, and $50,000/t capital intensity is high for all DLE, this isn't cheap or easy.

    Making a chemical plant in a desert is a bit crazy in hindsight, but here we are back to 11 cents or so
    Last edited by Melen100: 10/03/24
    LKE Price at posting: 11.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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7.8¢ 		Change
0.008(11.4%) 		Mkt cap ! $130.1M
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