LKE 4.76% 4.4¢ lake resources n.l.

This announcement doesn’t make sense. A FEED is very costly. LKE...

  1. 16,583 Posts.
    lightbulb Created with Sketch. 2590
    This announcement doesn’t make sense.

    A FEED is very costly.

    LKE have no money, and are slashing costs.

    Cost for power alone is circa AU$600 million (for 300km of 2 x HV lines).

    An ARG power company would not pay for a FEED, based on a LOI alone.

    Who’s footing the bill ??

    Or is this just BS ??

    Let me look into this.

    IMO DYOR
 
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