LKE 0.00% 3.8¢ lake resources n.l.

Speaking of profit. if all goes to plan and two mou go ahead...

  1. 569 Posts.
    lightbulb Created with Sketch. 125
    Speaking of profit.
    if all goes to plan and two mou go ahead that means lake will receive just 55% of profit for first five years.
    10% SK ON 10% WMC ENERGY AND 25% to lilac.
    I understand they will receive good money for these investments and lilac to share costs but seems a lot to give away.
    I could be reading this all wrong but that’s what looks like happening
    some one smarter than me maybe able to explain it better
 
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