LKE 0.00% 3.8¢ lake resources n.l.

Ann: Resource Connect Asia Future Facing Commodities Presentation, page-16

  1. sqe
    6,939 Posts.
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    Given they started processing brine at the end of September, they have now been processing brine for 6months+. Originally, the company told shareholders it would take 3-4 months.

    But the real clincher is around capacity of plant. Lilac have stated capacity is 40tpa, or 3.3ton per month. Originally the company stated 120,000L, 2500kg, 3-4 months.

    In reality, if the plant has a capacity of 40tpa, then it should be able to hit the 2.5ton requirement in under a month.

    Their numbers don't stack up
 
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