Lake Resources NL (ASX:LKE)
Share Pricing & News Mining

AUD 0.895

-0.02 (2.186%)
(As on 2022-10-03 10:21:30 AEDT)
Previous Close Open Close*
0.915 0.9 0.895
Market Cap Dividend Yield (Annualized)
AUD 1.244B 0.00%

Day Range
0.87L 0.9 H
52 WEEK HIGH LOW
0.53L 2.65 H

Chart Price & Information

Last Trade 0.895
Change% -2.1858
52 W H/L 2.650/0.530
EBITDA -6.417M
NPAT After Abnormal Items -2.894M
Equity 46.871M
ROE% -6.17%
Total Liabilities 1.048M
Total Revenue 299,471
Cash and Cash Equivalents 25.657M

Stock Information

Share price 0.895
Market Cap 1.244B
Price/Gross Cash Flow -174.99
Dividend Yield Excluding Special 0.00%
Ending Shares 1.058B
52-Week Range 2.650-0.530
Gross DPS (AUD) 0
Gross Dividend Yield (Annualized) 0.00%
Earnings Yield 0.000
Net Tangible Asset (NTA) 0.04
P/E ratio 0.000
Sector P/E --
EPS -0.35
EV/EBITDA --
Net Profit Margin (%) --
Gross Cash Flows Per Share -0.00
Net Gearing -54.74%
Sales Per Share 0.00
Book Value Per Share 0.04

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About Company

Clean lithium producer Lake Resources NL (ASX:LKE; OTC:LLKKF) focuses on producing high-purity lithium from its leading Kachi Lithium Brine Project and envisions emerging as a significant and valuable supplier of high-purity lithium.

LKE’s Kachi project and several other projects are located within the Lithium Triangle in Argentina, which is a globally recognised prime location that produces around 40% of the world’s lithium at minimum cost. The company has a large leaseholding of 2,200km as on 1 June 2021 with an expandable resource (4.4 Mt LCE) of which only 20% is used for 25 years production at 25,500tpa.

Lake’s other projects are located near some of the top lithium developers of the world and include the following:

  • Olaroz brine project
  • Cauchari brine project
  • Paso brine project

Lake Resources utilizes direct extraction technology to produce sustainable, high-purity lithium from its Kachi Project.  This direct extraction method provides a solution for two rising demands of electric vehicle batteries, I,e, produces high purity battery materials to avoid performance issues, and are sustainable and responsibly sourced.

LKE had partnered with Lilac Solutions Inc and built an efficient and disruptive clean technology to generate high purity lithium, which is also sustainable. The economic technology of Lilac is supported by Bill Gates-led Breakthrough Energy Fund and MIT’s The Engine Fund.

Testing of the lithium brine samples from the Kachi project have shown 99.97% purity lithium carbonate samples that were never earlier generated at scale in an economical way for a premium price.

Moreover, on the basis of preliminary testing by Novonix, positive test results have indicated that LKE’s high-purity lithium carbonate works well in NMC622-based lithium-ion battery test cells.

Based on the quality of the lithium carbonate and the level and kind of impurities, LKE is hopeful that its lithium product is prospective to attaining premium pricing.

In light of the strong market demand for lithium, LKE is looking to expand its lithium projects and intends to undertake various studies across these projects.

 

Corporate Information


Level 5, 126 Phillip Street, SYDNEY, NSW, AUSTRALIA, 2000

Phone:0280981163

Email:hello@lakeresources.com.au

Website:http://www.lakeresources.com.au

Dividends

Ex-Date Net Dividend Frank Flag Period End Date Type Payable

Event Calendar

Event Type Event Date Event Year
Report (Quarterly) 2023-07-28 2023
Report (Quarterly) 2023-04-20 2023
Report (Quarterly) 2023-01-30 2023
Report (Annual) 2022-12-23 2022
Report (Quarterly) 2022-10-28 2022