Agree the executives should be rewarded for the performance from last year - it has moved 1-2 bags. Further olaroz has drilling earmarked for 3 months - that is a huge achievement getting the relevant red tape covered.
Kachi is potentially significant and plenty of opportunity to find an economic salar as it is massive in terms of exploration potential and there are numerous zones with depth extending to 400 plus metres and being open. The mg impurities low and potassium credit potential credit however sulphate higher than anticipated. These can have different impacts incost if production and I can live with sulphate being on the high side of allother factors remain with a grade > 300.
However my disappointment with management was their lack of diligence in following nra metals- management focused on the shallower depth when all must of us were expecting the grades to be economicor at least night near the 200 m depth. This is the only thing that is anegative. Otherwise they have done well to minimise dilution.
LKE Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
