Then that’s a 2026 recovery.
Nevertheless, $33,000 / $9,317 = 3.542
In other words LKE are banking on a 350% recovery of the price of LCE, just to remain viable.
Even a hopeful, inspired opportunist company @ $25,000 / $9,317 = 2.683
In other words even @ $25,000 per tonne of LCE, LKE are banking on a 268% recovery of LCE, just to remain viable.
LKE appears (on the face of it), to be on the ropes.
The scope of remaining viable is narrowing per Quarter rapidly.
Oh, and BTW, how does LKE propose to Power the joint ??
IMO DYOR
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-87
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Last
2.6¢ |
Change
-0.001(3.70%) |
Mkt cap ! $46.88M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.8¢ | 2.6¢ | $36.84K | 1.367M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 3801982 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 962902 | 16 |
View Market Depth
| Last trade - 11.31am 30/06/2025 (20 minute delay) ? |
| LKE (ASX) Chart |