LKE 5.17% 5.5¢ lake resources n.l.

Is Final Investment Decision (FID), further on the horizon?, page-2

  1. 16,352 Posts.
    lightbulb Created with Sketch. 2543
    Sorry,

    Lake held cash of AU$175,444,065 as at 30 June 2022

    less "further" DFS costs = ~ USD34.5 million = ~ AUD54,762,000
    less "exploration work" = ~ USD112 million = ~ AUD177,778,000
    BALANCE: ~ negative AU$57,096,000 (excluding Promnitz loan for AU$1mil, unrecognised)

    Leaving a Funding Gap of AU$268,702,000

    IMO DYOR
 
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