LKE 1.72% 5.9¢ lake resources n.l.

"The thing that is not in dispute is that ponds evaporate water...

  1. sqe
    6,939 Posts.
    lightbulb Created with Sketch. 3626
    "The thing that is not in dispute is that ponds evaporate water to the tune of 1000+ cubic meters for every 1 tonne of LCE"

    "Brine water is water the same as sea water is water. Of course water of different salinities will have different usages"

    So on one hand you say that the pond guys are using all this water, then on the other hand you say brine water is the same as sea water. In which case, it doesn't matter that the pond guys evaporate. You can't have both sides of a coin in a coin toss. Make a call and stick to it.

    FYI, Kachi is using approx 18.8m3/tonne AFTER the first few years. The first 2 years they use 4x this amount. So circa 75m3/tonne.

    Compare this to the fresh water the pond guys use
    Last edited by sqe: 30/12/23
 
watchlist Created with Sketch. Add LKE (ASX) to my watchlist
(20min delay)
Last
5.9¢
Change
0.001(1.72%)
Mkt cap ! $97.89M
Open High Low Value Volume
5.9¢ 6.1¢ 5.8¢ $181.4K 3.043M

Buyers (Bids)

No. Vol. Price($)
10 773915 5.9¢
 

Sellers (Offers)

Price($) Vol. No.
6.1¢ 444830 7
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
6.0¢
  Change
0.001 ( 3.27 %)
Open High Low Volume
5.9¢ 6.1¢ 5.8¢ 1887308
Last updated 15.59pm 03/05/2024 ?
LKE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.