LKE 0.00% 4.5¢ lake resources n.l.

Ann: $4.5 million raised in oversubscribed placement, page-52

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  1. 12,058 Posts.
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    Hamilton78 and Koi-7. This was direct from Steve yesterday. Hamilton 78, you might have to read between the lines in respect of your concern!!!

    "Here we actually have intersected the target that explorers want - brine rich sands - but they are challenging.

    The majority of drilling problems are due to poor drilling conditions - which make geologists happy and drillers angry.

    Results will come soon - but the Chinese want a big area play like this, almost regardless of the results, as long as there is lithium"

    We must never forget that by going to the fringes and not the easy salt lake the idea is that they are the most productive, but, also the most difficult and complex., but, what more do we want when the Geologist tells us that they HAVE intersected the target that explorers want-brine rich sands??
    Happy to leave it up to our expert management team.
 
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