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2.17%

4.7¢ lake resources n.l.

if we had drills that were actually drilling reasonably...

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brunk

252 Posts.

19

22/03/19

20:48

Post #: 37858269
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Originally posted by Tigers2017: ↑

'Significant corporate transactions continue in adjacent leases with development ofGanfeng Lithium/Lithium Americas Cauchari project with Ganfeng announcing a US$237 million for 37% of the Cauchari project previously held by SQM. Nearby projects of Lithium X were acquired via a takeover offer of C$265 million completed March 2018. The northern half of Galaxy’s Sal de Vida resource was purchased for US$280 million by POSCO in June 2018. LSC Lithium is under offer for C$111 million with a resource size half of Kachi. These transactions imply an acquisition cost of US$55-110 million per 1 million tonnes of lithium carbonate equivalent (LCE) in resources.'

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if we had drills that were actually drilling reasonably efficiently we'd have proved up (potentially) a 10 million ton resource that could then attract a $400 million plus offer!!

LKE Price at posting: 5.2¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.7¢		Change 0.001(2.17%)		Mkt cap ! $76.75M

Open	High	Low	Value	Volume
4.7¢	4.8¢	4.6¢	$86.64K	1.845M

Buyers (Bids)

No.	Vol.	Price($)
16	953924	4.6¢

Sellers (Offers)

Price($)	Vol.	No.
4.7¢	29834	3

View Market Depth

No.	Vol.	Price($)
1	29210	0.053
1	18000	0.052
1	97832	0.051
1	81300	0.049
1	20000	0.048

Price($)	Vol.	No.
0.056	100000	1
0.057	10961	1
0.059	201818	2
0.060	106000	2
0.064	12536	1

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