Can you explain how depth means higher costs for LKE?
I mean, of course it does, but is it a material difference to the company? The cost of drilling and pumping doesn't change too much between 100m and 500m, certainly not in a way which has a serious effect on the operational costs of production.
Are you confused between a brine operation and a hard rock underground mine? If it were an underground mine then I would start to understand your concern.
Depth is nearly meaningless in this instance, except for saying that there is more resource available to be returned which is actually a positive.
Ann: Expansion of Leases as Kachi Brine Project continues to grow, page-67
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LKE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.0¢ |
Change
-0.003(6.98%) |
Mkt cap ! $66.52M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.3¢ | 3.9¢ | $753.4K | 18.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 731925 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 760271 | 12 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LKE (ASX) Chart |