LKE 2.78% 3.7¢ lake resources n.l.

Is the bottom in?, page-745

  1. 1,873 Posts.
    lightbulb Created with Sketch. 688



    “…getting pulled from the ground and put back in ..”

    Thats the plan for most of the brine but not for the freshwater.

    In addition to the brine extraction for processing, LKE are ALSO drawing freshwater from three wells which is not being reinjected.

    The freshwater is not reinjected it’s consumed, hence the 1.3m drawdown in the first two years. Not good ESG.


    https://hotcopper.com.au/data/attachments/5903/5903780-7b012b5d35cac0a0298eb1b1573582c3.jpg

    DYOR
 
watchlist Created with Sketch. Add LKE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.