LKE 5.26% 4.0¢ lake resources n.l.

Ann: Two Phase Development to Targeted Production of 50Ktpa, page-105

  1. 650 Posts.
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    If they are to be believed, LKE have pre-sold all of their 50ktpa. That's not the issue here. Getting to production isn't about the money (yet). It's about the plan and looking at the plan, LKE have wasted a good 4 or 5 years here. Covid or no Covid it's clear that the good ship LKE needed to be under new management.

    If LKE get to the DFS at the end of the year and this thing (Kachi) is uneconomic as many here would suggest, than where to next. They will be almost out of cash. Where's the previously announced drilling results from their other projects? They need a plan b here while they still have options.
 
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