I don't think they are in a desperate position. They don't have much operational expenses now that the DFS is done. They just need to start negotiating deals, that is it.
So that $30 million can last them a year, easy. Plenty of time for the lithium and share price to recover while they start getting the deals done.
I don't think they are in a desperate position. They don't have...
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Last
6.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $102.8M | |||
| Open | High | Low | Value | Volume |
| 6.2¢ | 6.3¢ | 6.1¢ | $245.2K | 3.946M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 39999 | 6.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.3¢ | 301283 | 5 |
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| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
6.2¢ |
Change
0.000 ( 1.27 %) |
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| Open | High | Low | Volume | ||
| 6.2¢ | 6.3¢ | 6.1¢ | 1628879 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| LKE (ASX) Chart |