I refer to the attached.
A$49 million per year in interest costs, would burn most of LKE’s cash at bank, during the build / construction phase.
That’s at 5% interest, and I haven’t applied Sovereign and Country risk margins…or Argentina’s 100% inflation.
IMO DYOR
LKE towards TOP-5, page-13638
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Last
3.7¢ |
Change
0.001(2.78%) |
Mkt cap ! $61.73M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.7¢ | 3.6¢ | $82.85K | 2.249M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1569155 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 944575 | 9 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| LKE (ASX) Chart |