LKE 6.98% 4.0¢ lake resources n.l.

LKE towards TOP-5, page-6299

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    What most explorers DON'T have, and LKE DOES have, are, amongst many other things:
    • a maiden JORC resource at Kachi of 4.4 million tonnes (Mt) of contained lithium carbonate equivalent (LCE), and an exploration target ranging between 8-17Mt of LCE. This ranks Kachi as one of the world’s top 10 brine resources.
    • 4 other lithium prospects in the Lithium Triangle
    • $100+ million cash and cash equivalents
    • No debt
    • Strategic alliance with DLE technology provider Lilac Solutions, that has amongst its investors: Bill Gates, Jeff Bezos, BMW, etc.
    • Off take letter of intent from Ford and Hanwa
    • ECA financing letter of intent from two Export Credit Agencies to provide up to 70% financing with decent interest rates
    • Years of testing with LKE's brine using Lilac Solutions' DLE pilot plant at California
    • Financing of pilot plant by Lilac Solutions
    • US$50 million committed by Lilac Solutions in case milestones are met to Kachi Capex (+pro rata increase if production target will be increased)
    • DLE pilot plant on its way to Kachi project site
 
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