Plenty of expectation by management that Cauchari drill results will be 600mg/l to 700mg/l as similar to the boundary third party the continue to mention. Just hope they don't over estimate with their expectations.
If drill results come in to expectation and the Kachi resource is as big as anticipated then a near term market cap of $100m is reasonable IMO. A SP of mid 20's in the next 6 weeks would get those LKEOA options in the money. Others have mentioned the LKEOA options and they are looking a rough chance IMO.
Going to be an interesting and critical next few weeks for LKE.
Plenty of expectation by management that Cauchari drill results...
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Last
4.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $78.16M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.7¢ | 4.5¢ | $244.5K | 5.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 265083 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 1869097 | 24 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| LKE (ASX) Chart |