LKE 0.00% 4.4¢ lake resources n.l.

Ann: U.S financial backing to advance key projects, page-43

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  1. 13,065 Posts.
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    Rov.  Apart from that, they only have around 112 million, tightly held, shares on issue. A BIG factor.
    But, check out their numbers, location and size of holdings and ask why LKE can't replicate GLN's performance? GLN are talking US $5,000 per tonne production cost.  Lilac (if it proves to be viable) is talking US $2,600 per tonne. etc. etc. etc.
    LKE has been stuffed up by the drilling difficulties.  Gt them sorted out, get Lilac proven and what do you reckon that will do to the SP, if GLN has done what it has at such a very early stage and with comparatively much lower catalyst factors from effectively the same location? They are an excellent comparison tool.
 
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