Wish you a very happy New Year. 2022 will be a cracking year, transformational for LKE and it’s shareholders.
Kachi NPV for 25,500 tonnes is AUD $2.1B. By mid 2022, we will have a clear understanding on expansion of Kachi (51,000 tonnes) and NPV will be atleast AUD $4.2B. All these are at Lithium Carbonate price of USD $15,500 and we all know current spot price is more than USD $40,000 for battery quality and 99.97% purity should fetch even more. Yes, long term contract price will not be USD $40,000 but we could expect atleast USD $20,000 (less than half of current spot price) in DFS NPV calculation. This should give 25,500t annual production, NPV close to AUD $3B and 51,000t expansion, NPV close to AUD $6B (approximately)
I expect the following announcements and impact on LKE share price in 2022.
Q1
- Kachi demo plant progress and completion (SP impact 15c to 20c)
- First Tier-1 offtake partner (SP impact 25c to 30c)
- Kachi expansion drilling progress (SP impact 5c to 10c)
Target SP end of Q1: $1.45 to $1.60
Q2
- Cauchari, Oraloz & Pesos drilling progress and resource (SP impact 20c to 30c)
- NOVONIX final results (SP impact 5c to 10c)
- Release of DFS and ESIA with revised lithium price (SP impact 20c to 30c)
- Confirmation of Kachi expansion to 51,000 tonnes per year (SP impact 20c to 30c)
Target SP end of Q2: $2.10 to $2.60
Q3
- Confirmation of construction finance (SP impact 10c to 15c)
- New BOD appointment with an offtake partner or JV partner (SP impact 5c to 10c)
- Second Tier-1 offtake partner (SP impact 20c to 25c)
- Dual US listing announcement (SP impact 10c to 15c)
Target SP end of Q3: $2.55 to $3.25
Q4
- Cauchari, Oraloz & Pesos development & and DLE partner (SP impact 20c to 25c)
Target SP end of Q4: $2.75 to $3.50
LKE SP Prediction for 2022
End of Q2 2022 expected (conservative) LKE SP: $2
End of Q4 2022 expected (conservative) LKE SP: $3
IMO, Lithium price will continue to increase in 2022, LKE will de-risk further, LKE will accelerate other projects and LKE SP will start to factor in small part of Cauchari, Oraloz and/or Pesos value.
2022 activities would be the first step towards LKE becoming 90,000 to 100,000 LCE tonnes per annum producer & Top-5 World Lithium Producers by 2028/30
DYOR. All the very best Lakers
- Forums
- ASX - By Stock
- LKE towards TOP-5
Wish you a very happy New Year. 2022 will be a cracking year,...
-
-
- There are more pages in this discussion • 24,141 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LKE (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.40M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.7¢ | $47.24K | 1.248M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 160636 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 1073748 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 90636 | 0.037 |
8 | 990350 | 0.036 |
8 | 1148700 | 0.035 |
13 | 840352 | 0.034 |
24 | 1755540 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 28159 | 3 |
0.039 | 480598 | 8 |
0.040 | 741269 | 13 |
0.041 | 721389 | 9 |
0.042 | 2052374 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
LKE (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online