Lake plans to construct four plants, each with a capacity of 12,500 tons, on their Kachi Salar. Given that David views this as an oil and gas speciality chemical company, I anticipate that permits will likely be granted in 2034.
My three points of concern:
- The long delayed DFS will likely contain numerous errors, potentially rendering it a subject of ridicule.
- The 2nd point, which involves obtaining permission for environmental impact, is expected to be a time-consuming process.
- The 3rd point suggests that securing bank financing is improbable without a significant partnership.
Much of this seems to be a façade, and there is substantial truth to the notion that Lake's actual value is now below $50 million USD.
Despite many warnings, the astute investors among us were disregarded.
- Forums
- ASX - By Stock
- No Production Until 2027...... If Ever
Lake plans to construct four plants, each with a capacity of...
-
- There are more pages in this discussion • 753 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
4.0¢ |
Change
0.003(8.11%) |
Mkt cap ! $68.18M |
Open | High | Low | Value | Volume |
3.8¢ | 4.2¢ | 3.7¢ | $661.2K | 16.58M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 355000 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 1550000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 355000 | 0.040 |
13 | 997115 | 0.039 |
8 | 1527157 | 0.038 |
14 | 1579456 | 0.037 |
21 | 1738701 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 1550000 | 3 |
0.042 | 2168293 | 16 |
0.043 | 784666 | 9 |
0.044 | 225508 | 8 |
0.045 | 968649 | 6 |
Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
Featured News
LKE (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, CEO
James Graham
CEO
Previous Video
Next Video
SPONSORED BY The Market Online