Hi Lakers, Now that we have hit $1 today (2 months earlier than what I expected), I have created a new thread to track our path towards $2 which I reckon would happen close to mid 2022 or latest Q3 2022 depending on DFS/ESIA
Catalysts are;1. General market condition, including lithium price increase and positive impact on LKE due to peers valuation (10c to 20c).
2. Kachi drilling progress and resource upgrade (5c to 10c increase).
3. Cauchari drilling progress and resource, development partner and DLE partner (10c to 15c increase)
4. NOVONIX final results (5c increase)
5. Kachi ESIA progress (5c to 10c increase)
6. Tier-1 offtake partner prior to DFS (20c to 40c increase)
7. Olaroz drilling permit (5c increase)
8. New BOD appointment with an offtake partner or JV partner (10c to 15c increase)
9. Demo plant completion at Kachi (10c to 15c increase)
10. Release of DFS and ESIA (10c to 20c increase) with revised lithium share price
11. Dual US listing announcement (10c increase)
12. Second Tier-1 offtake partner after DFS (20c increase)
13. Confirmation of construction finance (10c increase)
14. Confirmation of Kachi expansion to 50,000 tonnes
IMO, LKE SP range by mid 2022 is between $2.30 to $2.90 which makes me think $2 is realistic (conservative). DYOR
Good luck Lakers
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Open | High | Low | Value | Volume |
4.0¢ | 4.3¢ | 4.0¢ | $469.6K | 11.33M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 187089 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 917645 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 187089 | 0.042 |
5 | 336048 | 0.041 |
8 | 1636623 | 0.040 |
12 | 988515 | 0.039 |
44 | 4331652 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 917645 | 11 |
0.044 | 1150000 | 5 |
0.045 | 570247 | 10 |
0.046 | 947647 | 7 |
0.047 | 310000 | 1 |
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