the other point to add to Matillas , is that lke don’t own the dle process . Lilac do . There is nothing in this “partnership” that gives them any IP in the technology . If you go through all disclosed information on the partnership between lke and lilac , details of their partnership are very skant or almost non existent . Who gets what share of the benefits if lilac successfully develop their dle technology ?
Now ask yourself this question , if your own a high tech patented process and someone is supplying you a run of the mill raw material that without your process they probably have a very high capex / high opex output instead resulting , you are going to extract a very large premium from them in any formalised jv . Put differently , lilac have all the trump cards .
The other thing to bear in mind even with the lilac process is you end up with lithium chloride which then needs to be further treated to lithium carbonate . So another player again needs to be involved . None of this is meant to be critical of lake but rather pointing out lke is a much higher risk play as they are starting with a significantly lower quality input and as Matilda rightly pointed out hence their desire to go hard on very unproven technology .
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18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $85.31M |
Open | High | Low | Value | Volume |
17.5¢ | 18.5¢ | 17.0¢ | $344.6K | 1.941M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 275000 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 22376 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 275000 | 0.175 |
11 | 935734 | 0.170 |
7 | 921300 | 0.165 |
11 | 1548750 | 0.160 |
2 | 350000 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 22376 | 2 |
0.185 | 237137 | 6 |
0.190 | 198077 | 4 |
0.195 | 164600 | 5 |
0.200 | 256648 | 7 |
Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
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