LKE 0.00% 6.7¢ lake resources n.l.

LKE..................Chart thread only, page-509

  1. 5,702 Posts.
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    " You are talking like a DT"

    Well you are wrong , I guess I could come back and say that you are talking like a bloke who is balls deep in LKE.........but then I noticed you are balls deep in another, BTW I am following the other one, going to need patience of steel imo.

    Back to the question you asked me, I am going to be brutal, I dont hold any value to Kachi at all, that is until Lilac prove otherwise, until then its worthless, I was never invested in LKE for Kachi, Kachi is a bonus if it comes off.

    So, we have 1 very good drill hole @ Cauchari , potential to be a screamer................6.c, yep, fair value I reckon atm.

    Now to the areas where I think we could get a nudge up.........

    1) 450 - 600m...............if we can maintain that grade all the way thru or better .

    2) Oloroz..... if the drill hole grade is similar to Cauchari or better.

    3) 2 more holes @ Cauchari & Oloroz there after to prove consistency.........if grades are similar or better

    4) Lilac...........need to initially prove up 1 kg of 99.5% Li carb@ Kachi, then 20kg to prove scale, 99.7% is what the big boys require.

    5) Big boy takeover if all that proves up...........Gangfeng, Toyota, take your pick

    Do I still sound like a DT to you?.
 
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Last trade - 13.21pm 21/05/2024 (20 minute delay) ?
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