LKE 7.50% 4.3¢ lake resources n.l.

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

  1. 569 Posts.
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    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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