LKE 3.13% 6.6¢ lake resources n.l.

Qwerty1992. You may not have read this from Steve."1. My concern...

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    Qwerty1992. You may not have read this from Steve.

    "1. My concern is around investor perceptions rather than the reality.
    Most investors receive limited info on Argentina - usually about the federal govt or the exchange rate.A lower peso exchange is beneficial for LKE.
    The federal govt has limited impact or involvement with operations.
    The provincial govt and their regulators are important - and they have already voted and are unchanged in the provinces where we work.
    There is still time for the current govt to loosen the austerity strings before the October elections
    2. Nationalisation has rarely occurred and usually only to very large companies.
    The federal and provincial govts have supported lithium production under the past and present govts.
    Orocobre got into production during the worst of times. and if there was a federal govt change, it is considered to be more moderate than the previous version Its interesting that nationalisation (at least to 50.1%) is being actively discussed in Chile in the lithium sector yet doesnt rate a mention
    3. Past and present govts are keen to see lithium production be developed in Argentina.Lithium brines are low cost operators ( which makes it appealing for development) and Argentina sees themselves as a point of difference in easy development versus Chile and Bolivia"
    Steve

 
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Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
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