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11.4%

7.8¢ lake resources n.l.

Chairman to present at Noosa Mining Conference, page-261

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Chris2184

10,792 Posts.

2319

17/07/24

12:04

Post #: 74791997
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Originally posted by sowens: ↑

Well the way I see it you are correct at current prices. The current price starts with a 1, most pundits claim it will soon start with a 2 and some outliers suggest a 3. No one is betting on the return of 8 but 8 was the number less than 2 years ago. Anyhow what if we stick with the majority and say mid 2 is a reasonable guess. Several factors come into play. Recently Lilac announced a newer iteration of their bead technology resulting in longer life beads. Will longer life beads result in lower costs? Can Lilac produce further iterations and push those costs down? What if they can't? What if ion exchange proves to be too expensive? Lilacs costs currently are $1380 but I look at Eramet up the road and I see them about to commission a sorption DLE plan bigger than Kachi which they claim costs $870. What stops LKE moving to sorption if it is $510 capex cheaper?

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Plug in the DFS with a long-term average price of US$19,000/tonne and see what the IRR% spits out.

At US$33,000/tonne used in the DFS it’s already on the cusp of dropping below the 20% threshold.

To me LKE just kept increasing the sale price until it reached 20% IRR and that figure was $33,000/tonne. Without a minimum of that over the mine life project is dead.

LKE Price at posting: 3.8¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 7.8¢		Change 0.008(11.4%)		Mkt cap ! $130.1M

Open	High	Low	Value	Volume
7.2¢	8.5¢	7.2¢	$4.253M	53.78M

Buyers (Bids)

No.	Vol.	Price($)
2	139450	7.8¢

Sellers (Offers)

Price($)	Vol.	No.
7.9¢	606296	8

View Market Depth

No.	Vol.	Price($)
7	331399	0.077
12	448701	0.076
8	441350	0.075
4	211459	0.074
7	194931	0.073

Price($)	Vol.	No.
0.079	536296	6
0.080	459047	7
0.081	642269	3
0.082	353128	13
0.083	731256	9

Last trade - 16.10pm 18/10/2024 (20 minute delay)

LKE (ASX) Chart