LKE 6.98% 4.0¢ lake resources n.l.

Ann: Investor Operational Update, page-320

  1. 2,733 Posts.
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    I don't think you read or understood anything of what I said, I dunno how you could say "we need the Chinese on board" based on anything in the update or this article, LKE need double the money for basically the same output and they won't be ready to ship first production until 2028 while eramet will be in production in a year, if you were a rich Chinese financier what is a smarter move, build 2 eramet facilities at 20ktpa each or 1 kachi at 25ktpa? What's a better return on investment? That's the problem, like I said if the conditional offtakes were to invest at these prices after the DFS is released it wouldn't even give LKE 5% of the funding they need, that leaves lake and lilac on the hook for around 500m USD in debt to fund CAPEX, then someone needs to lend them 900m USD for the remainder
 
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