Kaboooom alright!!!!
And remember this forms only a very small part of the overall target. It actually now makes the estimate of 8 to 17 million tonnes look conservative.
Also remember that this is a new stand alone province and we own 100% of it. As if a Chinese, Korean, Indian, Japanese conglomerate is not going to want a piece of this pie---if not the whole thing!
We have now proven our worth and can be taken seriously across the table from these major organisations who are chasing the final product.
AND we are also very confident of success in Cauchari Olaroz---which is the most crowded lithium area in Argentina and presents us with a another opportunity to greenmail a neighbour in to buying that project.
With the latest Albemarle deal for Mineral Resources and the settlement of the Galaxy deal with Posco yesterday for circa $400 million, we are looking very reasonable value (to say the least) at a fully diluted $52 million market cap.
Great work from Steve and Stu. Yes its taken longer however who cares if you double, triple your money in twelve months instead of six??
Xmas is looking very exciting for Lake.
LKE Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
