“And it's to raise "up to $15mln".
….
And that cash won't go far”
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
On Quarter to Quarter Life Support until the prophesied Coming of the Strategic Partner . Post #: 72835659
DYOR
