LKE 2.50% 3.9¢ lake resources n.l.

re valuation for this stock, page-28

  1. 21,745 Posts.
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    Thanks Mozza01. As stated, my numbers are purely hypothetical, just for the mechanism, and most certainly very likely to be highly exaggerated and I hope that readers didn't see me "implying" anything.
    As I stated, the ONLY numbers that you can use to base investment decisions are those in the JORC outcome.
    I don't have ANY "excitement" about the numbers that I used.
    I am a strong realist from long experience and I tried hard to emphasize that readers should not get excited about my numbers, YET.
    Now another number that LKE has announced which is relevant to this discussion is the size of their Cauchari West prospect of 2,000 hectares. Kachi is 17,600 hectares, with potential to increase further, maybe with a lower content expectation, but, none the less, extremely large scale.(What "they" want!!).

    This one's still got a very long way to go but with serious, material, announcements in the interim.
 
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3.9¢
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3.9¢ 9616 1
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