LKE is a lithium hopeful that aims to begin production at its flagship Kachi project in 2024. Currently though, LKE does not even have a demonstration plant and so is some way off having a product to sell.
Not according to Corporate Connect though which in its favourable and ‘independent’ research report on LKE published on 12 April 2022 stated:
“Kachi is SOLD OUT – With project production capacity of 50,000t/year and two MOU’s on the table, each up to 25,000t/year, Kachi is technically “SOLD OUT”.”
LKE is technically sold out of lithium in the same way that I am technically sold out of lithium, in that I have none to sell and I never did. Never mind that the MOUs are non-binding but for Corporate Connect to call this ‘independent’ research when it was actually commissioned by LKE, well I will tell you who has technically sold out.
more at:
Ann: Lake responds to online report, page-333
-
- There are more pages in this discussion • 487 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LKE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.7¢ |
Change
-0.001(2.08%) |
Mkt cap ! $78.16M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.7¢ | 4.5¢ | $287.7K | 6.231M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1301848 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 980598 | 11 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| LKE (ASX) Chart |