LKE 3.03% 3.4¢ lake resources n.l.

Yep!You heard it correctly:1. Onsite Demo plant commissioned...

  1. 16,770 Posts.
    lightbulb Created with Sketch. 2613
    Yep!

    You heard it correctly:

    1. Onsite Demo plant commissioned onsite has slipped another quarter...now expected Q2 2022.
    Plumbed into some extraction and re-injection wells.
    Nice to know management are reading...I note: "...once brine feed, power and reagents are connected."

    2. DFS has slipped another quarter...now expected Q3 2022..."maybe a little later".

    3. Final investment decision (FID) has slipped another quarter...now expected in 3Q22

    Quarter by quarter slippage, is nothing short of death by a thousand cuts for SHs.

    How about setting some realistic and deliverable dates in the first instance.

    With respect to the claim only US$50mil capital raise is needed...well, I'll walk down Queen St (in every Australian city or town), if that transpires.

    And lastly...when do the oppies expire?

    Just my opinion of course...and I'm usually wrong.

    DYOR
 
watchlist Created with Sketch. Add LKE (ASX) to my watchlist
(20min delay)
Last
3.4¢
Change
0.001(3.03%)
Mkt cap ! $56.72M
Open High Low Value Volume
3.3¢ 3.4¢ 3.3¢ $52.97K 1.581M

Buyers (Bids)

No. Vol. Price($)
30 2463158 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 1948981 13
View Market Depth
Last trade - 14.09pm 19/08/2024 (20 minute delay) ?
LKE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.