LKE 1.39% 3.6¢ lake resources n.l.

Ann: S&P DJI Announces September 2023 Quarterly Rebalance, page-29

  1. 16,718 Posts.
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    Clearing up One of the many @sowens Furphy's.

    No the N43 does not run through the middle of Lakes Tenure and No it is not a sealed road all the way to site and the proposed plant site.

    Looking at the Sentinel Imagery and Google Earth, It is approximately 20-22km's from the N43 (On a dirt track) to reach the Base Camp at Kachi.

    To reach the current Mineral Resource area (Shown in Yellow Below) it is approximately 30-35km via a dirt road (Not that it is a massive hurdle).

    The companies biggest hurdle will be water and power, just pays to call out @sowens furphy.


    https://hotcopper.com.au/data/attachments/5558/5558158-b942641c0dc72086fd42788f9c9c92cc.jpg

    https://hotcopper.com.au/data/attachments/5558/5558156-bfb85118347dc5c9dc01a30735476bcd.jpg

    IMO DYOR

    PS. next we’ll address @sowens power estimate error of 90%, and then Argentina corporate tax.

    Oh!…and the SP is 21.5c.
 
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