LKE 2.50% 4.1¢ lake resources n.l.

Ann: Expansion of Leases as Kachi Brine Project continues to grow, page-67

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  1. 1,138 Posts.
    lightbulb Created with Sketch. 214
    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.

 
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