LKE 7.41% 5.8¢ lake resources n.l.

interestedtoo. I'm sure everyone working in that basin would...

  1. 20,896 Posts.
    lightbulb Created with Sketch. 2011
    interestedtoo. I'm sure everyone working in that basin would love to see where the "basement" is, but, frankly, I reckon getting results to 600m at this stage would be an amazing outcome not just for LKE but for all other companies working in that area.
    It's already a great revelation, but, LKE want to get that rig up to Olaroz ASAP. Continuing good numbers from this last 140m would be a massive icing on their already great result. They've already established a "definitive" pay zone of 340m averaging 505mgL!!!
    What if the Lilac system does absolutely prove being able to produce those figures that have been suggested in Kachi???? That one hole could be all they need when they already see their very next door neighbours going into production from the very same source.

    Sadly, "the market" doesn't seem to understand the significance, and/or "the players" in the market, who very likely do understand, are suppressing what "should" be significant market outcomes commensurate with all that good news.
    Frustrating, but, won't change the end result, true believers just have to put up with the fun and games, or take advantage of it, until that time comes.
 
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