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2.70%

3.8¢ lake resources n.l.

Ann: Proposed issue of securities - LKE, page-23

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soundwave9

863 Posts.

242

14/10/22

13:22

Post #: 64201014
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Originally posted by sqe: ↑

If this thing is a buy and hold, it doesn't matter where it is listed.

It only matters if you want to sell/trade. Are you wanting to sell?

Expand

These two :

Originally posted by dugsab: ↑

"funding from those three will be approx. 450K AUD"

Presumably you mean *450M AUD....nevertheless, the number is AU$437,380,181

Lake held cash of AU$175,444,065 as at 30 June 2022
less"further" DFS costs = ~ USD34.5 million = ~ AUD54,762,000
less"exploration work" = ~ USD112 million = ~ AUD177,778,000
BALANCE: ~negative AU$57,096,000(excluding Promnitz loan for AU$1mil, unrecognised)

AU$1,587,300,000 x 30% = ~ AU$476,190,000 (LKE’s obligation to finance).

AU$476,190,000 - AU$437,380,181 = AU$38,809,819 + AU$57,096,000 = AU$95,905,819

Leaving a Funding Gap ofcirca AU$100 Mil

IMO DYOR

Expand

I can almost see these two, walking around in circles, barrel chested,...... : But we've seen this story before:

Last edited by soundwave9: 14/10/22

LKE Price at posting: 99.5¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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(20min delay)
Last 3.8¢		Change 0.001(2.70%)		Mkt cap ! $61.73M

Open	High	Low	Value	Volume
3.6¢	3.8¢	3.6¢	$37.33K	1.005M

Buyers (Bids)

No.	Vol.	Price($)
7	454076	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	755987	10

View Market Depth

No.	Vol.	Price($)
7	454076	0.037
10	267926	0.036
17	1305868	0.035
10	624405	0.034
23	1708988	0.033

Price($)	Vol.	No.
0.039	755987	10
0.040	2778885	13
0.041	574363	8
0.042	509523	3
0.043	411466	3

Last trade - 10.30am 30/08/2024 (20 minute delay)

LKE (ASX) Chart