Australia's largest stock trading and investment forum Australia's #1 stock forum

LKE lake resources n.l.

4.65%

4.5¢

Corporate update., page-13

First 13 Last

Share
Profile

Follow
brunk

49 Posts.

2

14/03/18

17:21

Post #: 31753966
Share

Originally posted by La Tache ↑

Koi-7, I'm not sure what your experience is with finding brines in salars but perhaps you should wait for drilling results before pronouncing whether there is brine under LKE's Cauchari acreage. Your approach implies why drill at all? Exploration isn't ideally done off a computer screen by looking at satellite type mapping. If it was, many of my friends who are geologists, geophysicists and the like etc. could then spend a lot more time at home with their families. The rest would be out of work, unless they became screen jockeys.

Notice how close those high grade results were to our boundary. And notice the flow rates. We're talking about a reservoir system (under alluvial cover). How could they get such strong flow rates and there be nothing under our acreage?

Check out this slide. What structural event is going to be running along the boundary or thereabouts (under alluvial cover) that will somehow contain the reservoir to their side of the boundary? Nup, I don't accept that ...
View attachment 1010575
When we do prove something up, we should have a big potential re-rate. Check out this slide.

View attachment 1010587

Last night, it was widely reported:
"VW secures $25B battery supplies in electric-car push against Tesla"
Volkswagen secured $25 billion worth of battery supplies to underpin an aggressive push into electric cars in the coming years, putting pressure on Tesla as it struggles with production issues for its mainstream Model 3.
The world’s largest carmaker will equip 16 factories to produce electric vehicles by the end of 2022, compared with three currently, Volkswagen said Tuesday in Berlin. The German manufacturer’s plans to produce as many as 3 million electric cars a year by 2025 is backstopped by deals with suppliers including Samsung SDI, LG Chem and Contemporary Amperex Technology for batteries in Europe and China.
With the powerpack deliveries secured for its two biggest markets, a deal for North America will follow shortly, Volkswagen said.
... [rest of article not included]
https://www.mercurynews.com/2018/03...lion-battery-supplies-in-electric-car-push-1/

I like the story and I see more upside than downside at these prices, especially since hardly a week goes by without another announcement that electric vehicles are coming our way very quickly. And as battery prices fall, the stationery energy storage market will quickly multiply, too. I'm a waiting buyer, for example, and I know of many like me.

The beauty with the stockmarket is that none of us has to own stock, and we can just set our exposure to what we're comfortable with, and potentially save jumping at shadows. Good luck.

Expand

Hi La Tache. On March 8 ms.latin tweeted:
"Was enthusiastic at first when Kachi drilling but it failed the rig. About other $LKE leases around Olaroz & Cauchari I am cautious. they are almost in the mountain far from the salar border. Low Li for sure What concerns me is that we never saw the brine assays in Kachi. Low Li?"

SO...THE QUESTION IS IS THERE LITHIUM UNDER THAT "ALLUVIAL?" COVER AT CAUCHARI OR NOT??????

ITS TOUGH TO CALL. I DONT THINK MS.LATIN KNOWS EVERYTHING - SHE DOES SEEM TO SWAY AROUND A BIT WITH THE BREEZE!!

WHAT DOES EVERYONE ELSE THINK?

LKE Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

AFP

AFT Pharmaceutical's multi-billion R&D opportunity

FRX

Flexiroam partners with Etihad Airways to accelerate enterprise growth

DBO

Diablo expands critical minerals footprint at Star Range

14D

1414 Degrees: Inside the SiNTL battery pivot to drones, defence

AS2

Nejo approvals the trigger for Askari Metals as maiden Ethiopian campaign looms

First 13 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.


Last 4.5¢		Change 0.002(4.65%)		Mkt cap ! $102.3M

Open	High	Low	Volume
4.4¢	4.6¢	4.4¢	9.738M

Buyers (Bids)

Vol.	Price($)
1126624	4.4¢

Sellers (Offers)

Price($)	Vol.
4.5¢	117258

Last trade - 16.10pm 05/08/2026 (20 minute delay)

LKE (ASX) Chart