LKE 6.98% 4.0¢ lake resources n.l.

Dug, i think the information presented is reasonable research...

  1. 267 Posts.
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    Dug, i think the information presented is reasonable research for a junior. We cant have all the exact details in a startup thats why the price is 50+ cents not $10 yet. Soooo i "dug" up some data to in part substantiate my claims for you and the hotcopper community ...my LKE friends:

    Claim 1. "many lithium mines approved in lithium triangle"
    evidence for claim 1 - 10th march 2020
    https://hotcopper.com.au/data/attachments/3655/3655237-c4a78b476f6fd4da6a6254108aeac25b.jpg

    Claim 2 "lake will use say 5% of the water"
    evidence for claim 1 - 22 sep 2020 ...Note "virtually all water"...i took this to be 5% as a reasonable approximation of "virtually all water returned"

    https://hotcopper.com.au/data/attachments/3655/3655239-185b5131ef36fdddbc03e146da0e9fed.jpg

    Claim 3 "countries need tax from mines"
    no ASX announcement needed for this...no further discussion needed for this claim

    Claim 4" locals will rather LKE DLE"
    evidence for claim 4 asx 30 july 2020 - "better outcome for local communities"
    https://hotcopper.com.au/data/attachments/3655/3655249-87c85dda264243caae3f8758d77767a7.jpg

    Now over to you...can you substantiate how long you think ESIA will take?...and remember the site is a fraction of the foot print of brine ponds or hardrock mines....seems fairly straight forward and my dealings with regulators tells me when regulators want a project (tax and enviro save the plant stuff..and no im not finding asx announcements for this ) they will approve a project quickly...after all we are not producing a lot of toxic waste or using a lot of water !

    Note: asx announcement 22nd sep 2021...shows our current ESIA to be done in a year....
    https://hotcopper.com.au/data/attachments/3655/3655302-07afe326cb4861e693139b30912ad832.jpg


 
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