I would expect the confirmation of quality samples and $10-20M of debt funding will speed things up between now and the DFS considerably.......then, the Kachi project would be considerably de-risked.....enough for an offtake partner to be confident to stump up some major cash. Still 2-3 years away from production - pilot plant on the ground at Kachi by the end of 2020, DFS mid 2021 before phased construction of the full scale plant can begin. Quite a few “big” steps to achieve yet - but the completion of each of these major steps should see significant uplifts in the SP along the way.
I would expect the confirmation of quality samples and $10-20M...
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4.1¢ |
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Mkt cap ! $68.18M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.4¢ | 4.1¢ | $227.7K | 5.423M |
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| No. | Vol. | Price($) |
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| LKE (ASX) Chart |