LKE lake resources n.l.

Ann: Investor Presentation, page-143

  1. 17,680 Posts.
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    The $400 million investment is for the Diablillos-Plata gold & silver mining project. The major power generation company providing the funding and agreement (CEPU), is the majority shareholder @ 10%, of Diablillos-Plata.

    The distance between the Diablillos-Plata mining project in Salta, and the Kachi project in Catamarca, is approximately
    149 kilometresvia the great-circle route (as the crow flies).

    If you follow theroad(as LKE proposes, to avoid others lease infringements), it's closer to~ 200km.

    The power company (Central Puerto), providing the Power and the agreement, have a 9.9% interest in the gold & silver project called - Diablillos-Plata. (in Diablillos-Plata latest presentation they state CEPU stake is 10%).

    In other words, the company providing power, have avestedinterest.

    LKE havenoPower company that is a party, nor shareholder of Lake Resources, and lies ~ 200km away from the action.

    IMO DYOR

    Last edited by dugsab: 01/04/25
 
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