Very interesting.
Surprised there is not more discussion of this here...?
Finally some details of the Lilac demo plant "milestones".
1/ 1000 hours
2/ 40kL LiCl before Dec 31
3/ another 80kL LiCl "by Apr/May"
[Comment: I'm not sure (3) had been specifically disclosed before..? Happy to be corrected. Why not a specific date; surely the contract has one?]
Also of note:
Interviewer: "we love Stu"
[Comment: LOL]
...
DD: "There was a lot of naivety, in terms of developing the technology, particularly the timeline"
[No comment]
DD: "we haven't done a lot of study works to work out what the economic benefits are"
[No comment, just a facepalm]
DD: "I put three notices out to the market back in January.... one was: the first two milestones of Lilac"
[Comment: that's very interesting, because that release in Jan stated: "has met all key testing milestones in accordance with the
agreed timeline." Imo a reasonable person would expect this to mean that ALL the key testing milestones were met; there is one significant one remaining; transparency to the market with basic terms of the earn-in requirements would have cleared any confusion..?? ]
DD: "hoping to come out some time in the second quarter with an update on our capital costs"
[Comment: opens the door for "later" in Q2..?]
DD: "What I'm doing is ... putting stronger credibility around the company"
[No comment]
...IMO at least he does seem to have his sh!t together, at least compared to the previous cowboy.
IMO
DYOR
- Forums
- ASX - By Stock
- LKE
- ASX Rebalance
ASX Rebalance, page-19
-
- There are more pages in this discussion • 225 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LKE (ASX) to my watchlist
|
|||||
Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.40M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.7¢ | $47.24K | 1.248M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 160636 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 1073748 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 90636 | 0.037 |
8 | 990350 | 0.036 |
8 | 1148700 | 0.035 |
13 | 840352 | 0.034 |
24 | 1755540 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 28159 | 3 |
0.039 | 480598 | 8 |
0.040 | 741269 | 13 |
0.041 | 721389 | 9 |
0.042 | 2052374 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
LKE (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online