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3.64%

5.3¢ lake resources n.l.

No worries at all, happy to have shared it. Leave it with me I...

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Rocketsoul

2,011 Posts.

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26/08/21

05:32

Post #: 55576398
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Originally posted by Fantasyboy: ↑

Thank you for posting your friend's answer, it's a rare insight into what a nonexecutive director of an investment management firm thinks after a quick look at LKE.
Nothing new for long time LKE holders, but generally he has a good overall grasp on LKE.
I have some comments, if you are friends and you could send them to him, I would find it interesting to know his answers:

1. I think he didn't notice that Lodge Partner's Capex estimate was already for the doubled production level of 51ktpa LCE.
2. He also didn't do any NPV assessment or any comparison between NPV and current MC.
3. He didn't look at peers, like SLI, a comparison with them would be essential imho. Note that SLI only owns 30% of the project and is already valued at around $1.2 billion AUD, so their project which is smaller than Kachi is valued at around $4 billion AUD.
4. From the bonus and other options I expect more than $100 million AUD, this should be considered imho for the analysis.

Thanks again, these above points are not to nitpick, but rather than some extra points that your friend might consider if he has some time.

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No worries at all, happy to have shared it. Leave it with me I will forward these questions!

LKE Price at posting: 59.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.3¢		Change -0.002(3.64%)		Mkt cap ! $92.06M

Open	High	Low	Value	Volume
5.7¢	5.7¢	5.3¢	$166.6K	3.038M

Buyers (Bids)

No.	Vol.	Price($)
14	609461	5.3¢

Sellers (Offers)

Price($)	Vol.	No.
5.4¢	457520	1

View Market Depth

No.	Vol.	Price($)
13	588316	0.053
5	808539	0.052
9	953848	0.051
28	1716119	0.050
4	902040	0.049

Price($)	Vol.	No.
0.054	457520	1
0.055	70146	1
0.056	43181	2
0.057	381700	3
0.058	342258	4

Last trade - 16.10pm 12/11/2024 (20 minute delay)

LKE (ASX) Chart