LKE 6.98% 4.0¢ lake resources n.l.

Ann: Drilling advances at Kachi with consistent assay results, page-21

  1. mbc
    1,349 Posts.
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    Well they have nothing in production to my knowledge so there is nothing to compare with for a rough baseline and surely everything is CIC, simple numbers at this stage are probably pretty valuable to them.

    As I said before, it would vary (possibly wildly) depending on many factors of the brine, and also the size of the setup including how much you want to spend. It's not a one size fits all system, it is tailor made.

    Honestly, the science is relatively simple, not exactly new, and certainly the way to go. There wasn't enough demand to push for new resources or existing setups to innovate. Now there is. If LKE did not go down this path, the chances of competing on price as the market heats up would be slim to none.
 
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