LKE 6.98% 4.0¢ lake resources n.l.

LKE towards TOP-5, page-23391

  1. 2,733 Posts.
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    all to build a DLE project with maximum 76% lithium recovery and no byproduct credits, recovery which is about on par with evap ponds which is exact thing they are competing against, GLN for 20ktpa evap ponds in argentina the CAPEX is 550m or thereabouts for 72% recovery, they can scale up to 50ktpa without even cracking the billion mark in CAPEX so what the hell is the point of building kachi? DLE is supposed to be faster, higher recovery and less capital intensive like ASN at 13ktpa for 495m CAPEX and 90% recovery, kachi is the worst of both worlds, low recovery AND high costs, for the same CAPEX VUL are building a huge geothermal power plant and twice the end product at a higher purity and above 90% recovery
 
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