LEL 0.00% 37.0¢ lithium energy limited

Banter and General Comments, page-31

  1. dp4
    223 Posts.
    lightbulb Created with Sketch. 40
    Looking at Lake Resources Kachi brine deposit, in their latest presentation they state: 1.01Mt indicated resource @290mg/litre lithium with a post tax NPV of US$1,580m (equiv to AUD$2,192m) using US$15,500/t lithium carbonate price.

    If LEL has a minimum exploration target of 1.5Mt could one correctly infer an NPV in the order of AUD$3Bn for a 1.5Mt resource.
 
watchlist Created with Sketch. Add LEL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.