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2.70%

3.6¢ lake resources n.l.

But “we have good optionality with our power supply”…they said....

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dugsab

16,844 Posts.

2623

26/09/23

10:57

Post #: 70026955
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Originally posted by sqe: ↑

Originally the recovery was advertised as 80-90%. The PFS was 83%. Recent announcements stated 76%. Waterleaf (lilac subsidiary) is 50-90%. The 90% figure is bollocks and is there as a placeholder.

So in short, Lilac's recovery is not what they pumped it up to be.

Couple that with a low grade resource in Kachi

Using an energy intensive process in DLE (which also requires HCL generated on site)

And it's not difficult to see why the power budget blew up.

And with this announcement providing zero details around recovery rate, number of polishing cycles etc, and LKE/Lilac providing zero details about bead cycles, its easy to see DFS numbers blowing up even further.

They desperately need to pump this thing before the CR

Expand

But “we have good optionality with our power supply”…they said.

Hahahahaha!!

You seriously can’t make this stuff up!!

But Dicko’s new dream team, are transparent…they said!!…It’s different under Dicko…they said!!…LKE 2.0…they said!!

Hilarious!!

IMO DYOR

LKE Price at posting: 17.8¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 3.6¢		Change -0.001(2.70%)		Mkt cap ! $60.06M

Open	High	Low	Value	Volume
3.6¢	3.8¢	3.6¢	$51.83K	1.422M

Buyers (Bids)

No.	Vol.	Price($)
4	24875	3.6¢

Sellers (Offers)

Price($)	Vol.	No.
3.7¢	199177	1

View Market Depth

No.	Vol.	Price($)
4	24875	0.036
26	1568354	0.035
14	993797	0.034
29	1873611	0.033
27	1611735	0.032

Price($)	Vol.	No.
0.037	199177	1
0.038	93656	2
0.039	239067	3
0.040	644537	6
0.041	744713	3

Last trade - 16.10pm 10/09/2024 (20 minute delay)

LKE (ASX) Chart