LKE 8.11% 4.0¢ lake resources n.l.

Hfox1 says 5 year payback caught his eye...It caught mine as...

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    Hfox1 says 5 year payback caught his eye...It caught mine as well as that will be very difficult to sell to potential funders on top of the nearly A$1 billion capex number....Off take agreements will help but as Steve said potential off takers are only just starting to get samples to begin their qualification/dd/testing...so we are many months away from a BOA and I would be surprised if any end user put their name to this ahead of a DFS...which Steve said would take a year.....with not that much in the kitty minus borrowings I can't see the share price going anywhere but down short to medium term...hope I'm wrong
 
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