LKE (ASX) Ann: Lilac Technology Efficiencies Prompt Review of Kachi Costs

Originally posted by Mozza01: ↑

Funny how you left off the Lanexess project of Standard Lithium (shown again below) in your post. You know, the one with an OPEX/T of $6,810! Also the one Joe Lowry keeps talking about.

The second slide I posted in the post you are responding to also had OPEX numbers for DLE peers in the range of $4500-7500/T LCE.....yet you insist Lake's numbers are "dead last" amongst their peers and that there is some kind of "LKE scam". Incorrect.

Try also referring to the cost curve that Stu just presented at Noosa - below. You know, the one that shows Lake's OPEX of $6047/T (pre the 10% reduction attributable to the Gen 4 Lilac beads improved performance), being in the lowest cost quartile of Cash Costa vs Peers. The expected 10% reduction in OPEX would give an OPEX of $5442/T......pulling the Kachi OPEX even further to the left on the cost curve!

All this information is there for all to see - yet some choose to ignore these facts and continue to push a narrative that is factually incorrect.
Now tell me again where that "scam" is coming from!

Signing up a Strategic Partner will do all the talking necessary once the current process is completed. All of these unsubstantiated claims of Lake's OPEX being "dead last", the CAPEX of Kachi being "the most capital intensive project on the planet" along with a host of others on these threads are just noise.

Expand

i left out SLI because i forgot they even existed, i just took the ones which were in the front of my mind, more importantly though, proving that another company is worse doesn't make LKE look better, plus I'm sure SLI aren't shelling out 300mil for grid power connection and they aren't located in the arse end of nowhere in a country with 270% inflation

As for claims of LKE OPEX lets just lay out the facts here, todays announcement says "could" lead to "up to 10%" reduction in "capital cost", it says nothing about OPEX aside from a 10% decrease in reagents, so lets look at that

the amazingly vague DFS lists reagents and lilac together as one cost of 2228, being extremely generous lets minus 10% from that figure even though in reality it will be a much smaller figure, then we get 2006 and a OPEX of 5825 which is still higher than all the ones i mentioned

Even with that help it was still the worst, and if we take 5825 as the baseline then look closer at that graph, theres only one DLE brine OPEX that measures worse than kachi and the difference between it and kachi is smaller than the price difference between kachi and the next highest.

as for a strategic partner, get real with yourself, LKE started looking over a year ago and they haven't found anyone, goldman sachs who are acting as advisors came out this week with the lithium price forecast to 2027 which shows a price in 2027 50% of what is used in the DFS and yet you still believe someone will come in, give LKE at 3.8c and less than 100m MC the means to raise 1.5bn dollars for a project that has the second worse DLE OPEX of 5 companies, to sell their product for 50% less than planned? i mean, the odds are ASTRONIMICAL that this doesn't end in complete failure but you act like its 50/50, now thats what i call a factually inaccurate narrative, probably because your emotionally attached and lost your objectivity long ago when you were at that mining conference taking selfies with the heroes who squandered all your money away