LKE 5.00% 3.8¢ lake resources n.l.

Level-headed, blunt assessment of Lake Resources, page-334

  1. 2,762 Posts.
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    Now that's how you do a project, start small and cheap, use proven methods, get into revenue fast then scale up! Compare that to lake, going full bore for stage 1 at a whopping 15 times more CAPEX and almost double the OPEX to make 5 times the product.. GLN evap ponds are what lake are competing against in Argentina, a large, high grade resources using proven methods to get into production cheaply and quickly, as a financier you could fund 15 GLN operations at 5ktpa each or one LKE kachi at 25ktpa
 
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