LKE 4.65% 4.1¢ lake resources n.l.

2021 and beyond, page-3968

  1. Suw
    2,141 Posts.
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    What an awesome day for Shareholders of LKE...Slow and steady towards 50 cents in the coming days.

    As expected Quarterly report is very strong. New appointments, expansion of Kachi, Cauchari development, strong interest from ECA and offtake partners.

    Big plus is cash reserve of $26m adequate to cover most of the expenses till June 2022 - till we sort out construction finance. Some of the downrampers allegations of cash inadequacy is squashed with $26m cash balance plus another $30m facility. That’s really solid.

    I am confident we will still have some entertainment from our beloved posters during this weekend. That will keep us entertained during our lockdown in NSW.

    Have a good weekend holders of LKE.
 
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