LKE..................Chart thread only, page-510

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gassed

21,084 Posts.

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13/08/19

17:38

Post #: 39979498
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Originally posted by beisha: ↑

" 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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Good to know where you stand beisha. You must agree that all TA and FA basics have been thrown out of the window with LKE. Why?? That's the answer we all want to know and we will.
Cauchari is already proved up, even if 460-600 doesn't deliver, it's still huge value.
Nobody concerned about a change of leadership in Argentina?

LKE Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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