LKE 3.13% 6.6¢ lake resources n.l.

I came across LKE recently, looking at a few Lithium stocks....

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    I came across LKE recently, looking at a few Lithium stocks. It's clear Li is going on another serious run soon, perhaps it's already started
    https://hotcopper.com.au/data/attachments/2650/2650943-d3aea531e99e345fee44aefd75ff7a44.jpg

    Have to say though, this has to be one of the more difficult threads to read. Many apparently upset holders and ex-holders, some clearly short or looking to get back in lower. That happens, and balance of views is helpful, but the repetitive, low-content posts & personal jibes are painful to read.

    Anyway, ignoring for a minute the funding and CEO share concerns, the main issue seems to be the ability to scale up production. This video posted a few days ago, has Lilac CEO talking about tech progress. About 4:30 mins mark shows Lilac ramping up to the sort of volumes required for Lake. If a commercial module delivers 10k litres per hour, my math says LKE will need a couple of hundred modules by 2025 to deliver the 23 million cubic meters p.a. per the PFS . Clearly a modular approach will make life easier as allows flexibility during ramp up.


    This quote was interesting.. "the big prize is really South America... that's where our technology works very, very well to produce high-quality low-cost lithium".

    No question there is risk here. No question mistakes have been made. But it seems to me based on where lithium market is going, the assets from LKE's 5 projects, are worth at least the current market cap, irrespective of how you extract it or who's running the show.

    Though if Lilac's tech works, LKE could be one of the more sought after Li plays globally and many many multiples of current share price.
 
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Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
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