I don’t see how the brokers and analysts can stand by LKE as it is pretty obvious that the economics suck at l/r consensus Li price of about $22,0000. They have to build expensive infrastructure and they have also given 25% of the project away to Lillac.
Once GLN gets its prepayment deal signed from Glencore, that means the project has been through rigorous independent technical and economic cross-examination by an expert third party, so GLN so will no longer be dragged down by LKE.
I don’t see how the brokers and analysts can stand by LKE as it...
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Last
17.0¢ |
Change
-0.010(5.56%) |
Mkt cap ! $80.57M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 16.5¢ | $566.8K | 3.303M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 983448 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 166825 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| GLN (ASX) Chart |