You need to use your calculator to understand why LKE might be worth much more than $2B.
Consider future production of 100K Tons pa for at least 25 years of high purity Li carbonate worth between USD 20 - 70K / ton at current prices.
Production costs of $4-5K / ton.
Can you see the numbers?
LKE towards TOP-5, page-3078
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Last
4.8¢ |
Change
0.001(2.13%) |
Mkt cap ! $80.08M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.8¢ | 4.6¢ | $296.0K | 6.265M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 120000 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 1111429 | 7 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| LKE (ASX) Chart |