Investor Presentation
Brisbane, Jan 17, 2019 AEST (ABN Newswire) - Lake Resources NL (ASX:LKE) provides the Company's latest Investor Presentation.
Investment Highlights
Lake Resources (ASX:LKE) - Lithium exploration/development in Argentina - 3 lithium brine & 1 hard rock lithium project
- One of Largest Lease Holdings of Lithium ~ 200,000 Ha, provides scale, optionality
Flagship Projects: Kachi - Large Resource (Top 10); Large Target; 100% owned
- Large maiden resource: 4.4 Mt LCE (Indicated & Inferred) - In Top 10 global lithium brine resources
- Indicated: 1 Mt LCE Inferred: 3.4 Mt LCE (Lithium Carbonate Equivalent) Defined in 1 year
- Large basin: 20km x 15km x 400-800m deep; Leases cover entire brine basin 69,000 Ha (100% LKE)
- PFS to start - development - conventional & direct extraction methods
- Direct extraction method - Lowest quartile opex costs US$2600/t LCE feast; Reduced time to production
- Located 80km south of FMC/Livent (20 years production)
OlarOZ - CaUChari - Adjoins Orocobre/Advantage Lithium, Ganfeng/Lithium Americas
- Extensions of world class lithium brine resources - Grade, scale - Next to Production / Development
- Drilling underway 450m from major resources; pegged leases 2.5 years ago
Pegmatites - 80,000 Ha - New modern targets in past producing pegmatite belt in Catamarca
Major Transactions in Area
- Cauchari - Next to major acquisition $237M at Cauchari (Gangfeng Aug'18) = 8x LKE market value
- Kachi - South of Galaxy sale of resource - US$280M (POSCO June-Dec 2018)
- Implied Acquisition Value: US$70-110 M per 1 Mt LCE resource
Undervalued vs Peers:
- Comparisons with peer lithium companies in Argentina - shows deep value in LKE
- Neighbours market value $100M to $1000M; Recent LKE research $0.73 price target
To view the full presentation, please visit:
http://abnnewswire.net/lnk/A801V7I5
About Lake Resources NL
Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising state-of-the-art ion exchange extraction technology for production of sustainable, high purity lithium from its flagship Kachi Project in Catamarca Province within the Lithium Triangle in Argentina among three other projects covering 220,000 ha.
This ion exchange extraction technology delivers a solution for two rising demands - high purity battery materials to avoid performance issues, and more sustainable, responsibly sourced materials with low carbon footprint and significant ESG benefits.
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