LKE 8.11% 4.0¢ lake resources n.l.

Steve quoted a $15-$16K figure in his interview for the higher...

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    Steve quoted a $15-$16K figure in his interview for the higher grade, which compares to $11K/t used in the PFS. He then said that using a $15K/t figure ($4K/t higher than in PFS) this would "double the post tax NPV for the project and send the IRR through the roof". For reference the post Tax NPV in the PFS was $748m, so a doubling (note. indicative and based solely on Steve's comments in the interview) would be $1.496B NPV (post tax). Plenty to prove in the meantime, but 'IF' these numbers are reasonable it could be a significant boost to the profitability of the project.
 
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