LKE 5.17% 5.5¢ lake resources n.l.

Ann: Investor Presentation January 2020, page-2

  1. 20,902 Posts.
    lightbulb Created with Sketch. 2013
    Interesting timing!!!
    Among many good points, I liked "Short list of financiers for US$20-25m (announced Oct ‘19); in discussions with PFS to fund studies and approvals.
    PFS near completion; pilot plant testing; provincial support; feasibility and environmental study; production target 2022/23

    Kachi. 8Mt – 17Mt LCE Potential*
    JORC certified combined lithium resource of
    4.4 million tonnes LCE.
    (* A Mineral Resource has been identified in the centre of the Exploration Target)
    LKE Projects located near lithium heavyweights
    Cauchari-- China’s Ganfeng paid US$397 million for 50% (incl. debt).
    Sal De Vida- South Korea’s Posco paid US$280 million.
    Implies US$55-110 million per 1 million tonne LCE resource

    Current Market Cap $24.88 million.

    Last edited by gassed: 20/01/20
 
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