LKE 2.50% 4.1¢ lake resources n.l.

“And it's to raise "up to $15mln".….And that cash won't go...

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    “And it's to raise "up to $15mln".
    ….
    And that cash won't go far

    IMHO

    If they reduced costs a further 30% on the already obtained 40% reduction of the December 2023 Quarterly expenditure, then Total relevant future outgoings (8.3) each quarter is


    $27.255M x 0.6 x 0.7 =$11.45M


    https://lakeresources.com.au/wp-content/uploads/2024/01/lke_quarterly_activities_appendix_5b_cash_flow_report_31-jan-24.pdf

    On Quarter to Quarter Life Support until the prophesied Coming of the Strategic Partner . Post #: 72835659


    DYOR
    Last edited by DG4444: 11/03/24
 
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