LKE 0.00% 4.0¢ lake resources n.l.

Euroz Hartleys initiates LKE coverage A$1.28 target, page-10

  1. Suw
    2,141 Posts.
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    @Fantasyboy this valuation of $1.28 is very conservative due to the following reasons as per the report;

    1. Discount rate of 12%… that’s very conservative
    2. Pricing assumptions well below spot price
    3. Cost of $6k is well above $4k in PFS
    4. At spot price with above discount rate and cost (which are questionable) valuation is $2.92

    I am looking forward to your OTC update…wondering whether in ASX retail investors panicked a bit yesterday. Should bounce back today IMO
 
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