LKE

1.64%

6.0¢ lake resources n.l.

Spot on Mozza01. I'd even like to think that some of that $20...

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23/02/20

13:22

Post #: 43096506
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Originally posted by Mozza01: ↑

You would have to think that the pilot plant at Kachi is now assured.......all continuing to go well with proving the next lot of production of 20,000L shortly and samples being sent to offtakers for further testing and qualification.
I don’t think things would have gotten this far with Breakthrough Energy Ventures parting with $20M if things were still to a degree “uncertain”. Probabilities of success would have to have been assessed as at least “reasonably likely” before this kind of commitment of funding was made. The assessment by Breakthrough’s team would no doubt have been comprehensive!

The great news for LKE is that we will no doubt be swept along in this whole process and, although Breakthrough Energy Ventures haven’t invested directly in LKE, I cannot see the developments of last week resulting in anything but helping LKE immensely to find that $20-25M in funding required to make setting up that pilot plant at Kachi from here. I think we have gained a massive amount of momentum here and will really see things move along far more rapidly. I personally can’t help but feel Bullish on this stock.....of course all of the above is IMHO! All in this space are now watching closely.

Looking forward to the continuing news flow over the coming weeks and months.

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Spot on Mozza01. I'd even like to think that some of that $20 million will actually go into that Pilot Plant and not have to rely on LKE forking out their dough, IF they've got enough!!!!
Yep, Lilac and Breakthrough Energy won't be waiting for another SPP or CR from the minnow and I'd also like to think that we might have seen the end of them altogether!!!

LKE Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
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Last 6.0¢		Change -0.001(1.64%)		Mkt cap ! $104.2M

Open	High	Low	Value	Volume
6.1¢	6.2¢	5.7¢	$463.0K	7.772M

Buyers (Bids)

No.	Vol.	Price($)
2	68474	5.9¢

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Price($)	Vol.	No.
6.0¢	313567	3

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No.	Vol.	Price($)
2	68474	0.059
4	2629680	0.058
3	300000	0.057
12	227312	0.056
13	722908	0.055

Price($)	Vol.	No.
0.060	313567	3
0.061	188934	3
0.062	288792	5
0.063	368373	2
0.064	546877	3

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