Good morning Lakers,
Over the last 30 days we have seen LKE SP gradually increase from $1.00 to $1.18 whilst open shorts have reduced from 139m to 115m.
Strategic investments & off takes from WMC & SK ON, strengthening of LKE executive team and Kachi demo plant commissioning and LiCl production would have given confidence back to market & investors.
As per Lilac Solutions EVP Bart Packer, ”Initial operations of the demo plant have already delivered product at spec, with the demonstration plant achieving similar lithium recoveries that were achieved in the Oakland pilot plant test work in California.Optimisation work continues on site; Lilac anticipate the first samples of Lithium Chloride will be shipped for conversion to Lithium Carbonate within two weeks”. This was stated on Wednesday 2nd November announcement.
Very soon we should hear about LiCl shipment and news on LKE/LILAC earning agreement.
Good luck Lakers
LKE towards TOP-5, page-15796
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Last
3.7¢ |
Change
-0.001(2.63%) |
Mkt cap ! $61.73M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 3.9¢ | 3.7¢ | $162.6K | 4.297M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 3201438 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 886351 | 12 |
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| Last trade - 14.45pm 16/07/2024 (20 minute delay) ? |
| LKE (ASX) Chart |