LKE
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5.26% 4.0¢ lake resources n.l.

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-35

  1. dugsab
    16,686 Posts.
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    27/01/23
    18:10
    Post #: 65915375
    Having AU$175,139,000 cash, certainly helped the balance sheet.

    But due to high cash burn, that help is diminishing...by a third.


    https://hotcopper.com.au/data/attachments/5003/5003549-d77844f984cc097491720b48503d0499.jpg




    https://hotcopper.com.au/data/attachments/5003/5003546-03a6e92f132c63a1ec50d60fe94dee1a.jpg




    Cash at bank was AU$175,139,000...now AU$133,266,000

    Burn baby burn!

    IMO DYOR
    LKE Price at posting: 82.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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