Good stuff. Really just confirming what "we" have been expecting from previous anns.
This is just the first of four that we want to see actually delivered, but, it indicates that LKE could be on to something of very sizable proportions in market terms and certainly in respect of it's own market value.We want to see delivered the PFS, the construction of the pilot plant with comparative results as has been obtained from the Lilac factory and announced today, which should (a) significantly improve the prospects of long term funding and make that Amvest client a thing of the past, albeit having played a vital (yet unpopular) role in enabling LKE to progress to these stages.
Even with today's reaction, with all of those catalysts being ticked off, today's market cap for what could eventuate is quite literally chicken feed.
Nearly 10 million on the Buy and being happily accommodated by traders who will be loving this volume activity, while LT believers are sitting back smiling.
Next one to two months are most certainly watershed times for LKE and its shareholders.
Steve “This is potentially groundbreaking for the industry that we have demonstrated that a high purity battery grade lithium carbonate can be produced using brines from Kachi after 9 months of detailed test work. The critical development is the confirmation ofvery low levels of impurities which no doubt will be welcomed by potential off-takers."
- Forums
- ASX - By Stock
- News: LKE Lake Resources Produces High Purity Battery Grade Lithium Carbonate
Good stuff. Really just confirming what "we" have been expecting...
-
- There are more pages in this discussion • 49 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LKE (ASX) to my watchlist
|
|||||
Last
3.6¢ |
Change
-0.001(2.70%) |
Mkt cap ! $60.06M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.6¢ | $71.12K | 1.957M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 600966 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 2014488 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 600966 | 0.036 |
45 | 2661889 | 0.035 |
12 | 1044546 | 0.034 |
13 | 1267803 | 0.033 |
8 | 897263 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 2014488 | 7 |
0.038 | 756704 | 10 |
0.039 | 1150591 | 9 |
0.040 | 975411 | 20 |
0.041 | 1499539 | 7 |
Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
Featured News
LKE (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online