LKE 9.52% 4.6¢ lake resources n.l.

awaiting PFS

  1. 5,199 Posts.
    lightbulb Created with Sketch. 711
    the company has previously stated its a low cost produce around $2400/t I recall
    A PFS is normaly + or- 15% at best.
    In our case there is no precedent like it is for copper or nickel mines. so this margin can be expected to be larger.
    it wont really hit the news intil a DFS is made.
    I hate to say it that PFS's from other companies recently have not been recieved well . EXPECTATION CAN BE TOO HIGH

    so go easy and the ramp up now.
 
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