Ann: Lake Resources at Noosa Conference Next Week, page-66

Hi All,
Lots of potential here . some key points that may give LKE a 60c SP.
1. the resources itself may be worth 250mill+ so that's 5x , POSCO paid 280mill to Galaxy for its resource of similar size.
2. building a scalable extraction plant at Kachi to prod 5000 tpa scalable to 25500 tpa is not cheap, but could start at 100mill and would produce only the highest level top price 99.9+% Li for gold class batteries.
ORE currently 3.00$ producing 25000 tpa that would give LKE a 60c SP for 5000tpa , in my opinion.
3. EVs are just better than ICE its inevitable that sooner or later our TOP 10 resource is going to come into its own. Its purity is second to none a will be in high demand.

GLA would like to hear what you think, or have anything to add here .