LKE 7.41% 5.0¢ lake resources n.l.

Ann: LAKE RESOURCES KACHI PROJECT PHASE ONE DEFINITIVE FEASIBILIT, page-301

  1. 4,089 Posts.
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    Lithium is in oversupply & the medium term outlook looks bleak

    The Price action 18 months ago got too hot, it attracted unprecedented interest & money into the sector.

    What we see now is new resources being discovered everywhere, drilling taking place everywhere, the big miners joining in on the action

    Geez you would hate to be a High Capex + Low Grade deposit Jnr for the next few years

    Simply non-economical

    https://hotcopper.com.au/data/attachments/5840/5840126-60835f893e983caf903cf88e07d9ff24.jpg
 
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