LKE 1.79% 5.7¢ lake resources n.l.

Chairman to present at Noosa Mining Conference, page-251

  1. 17,071 Posts.
    lightbulb Created with Sketch. 2643
    Yes, you know that number, because you asked me to clarify it on several occasions.

    That $390 million is USD’s.

    1. US$390 million = AU$580 million (at today’s FX rate).

    2. LKE’s Class 3 Feasibility Study (dated 19 DEC 2023), has an accuracy margin of +/- 15%.

    3. The base date for costs and Capex was OCTOBER 2023.

    So, as you can see, the cost of powering Kachi is likely to be well north of $600 million, by now.

    IMO DYOR
    Last edited by dugsab: 17/07/24
 
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