LKE 2.50% 3.9¢ lake resources n.l.

Further to my previous post, some very simple calculations...

  1. 309 Posts.
    lightbulb Created with Sketch. 74
    Further to my previous post, some very simple calculations spells out how massive LKE can be.

    Even the very worst scenario, where price comes down to $10k p/t and they sell 25k tpa then they will still be looking at a qrtr of a Billion each year.
    Up that to a moderated price to, say $25k but with 50k tpa then it's $1.25 Billion.
    Now, if the industry experts are suggesting that the $70k p/t is going to remain "Sticky" and we have all 4 mines up and running to produce our current target of 100k tpa then $7Bill p/a is mind blowing.

    If you can't do the math, I suggest you learn pretty quickly for your own sake.

    Any which way you skin this cat, LKE is taking us all into the land of retirement.
    ,
    https://hotcopper.com.au/data/attachments/4577/4577472-3a981ba585ab3c065ffda12aa95ce3b6.jpg

 
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