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Lake Resources N.L.

INVESTOR PRESENTATION - Lake Resources N.L.

ASX:LKE

Lake Resources N.L.

Mining

Lake Resources NL (ASX:LKE, Lake) is a lithium exploration company undertaking an aggressive programme to explore prime lithium basins and lithium pegmatites in Argentina, among some of the largest players in the lithium sector. Lake holds one of the largest lithium tenement packages in Argentina (~165,000 Ha), controlled 100% by Lake. Mining leases and applications are located in the Lithium Triangle which accounts for 49% of current lithium production. Lake completed the acquisition of an early mover in Argentina, who had secured three prime lithium brine projects in an extensive strategic package of ~90,000 Ha, prior to a significant ‘rush’ to secure projects by major companies in the sector. Recently an option agreement was entered into over lithium pegmatites covering a belt of ~75,000 Ha in Catamarca, next to Latin Resources (ASX:LRS). Upcoming exploration in lithium brine basins, one which is adjacent to some of the leading lithium producers/developers, including Orocobre (ASX:ORE) in Olaroz, and the Cauchari development project of Lithium Americas (TSXV:LAC) and SQM, may provide several catalysts for growth as the areas are assessed for major discoveries.

Read more

Market Cap

$96.07m

Price at Close

$0.115

4w avg. Volume

11.57m

4w avg. Turnover

$1.00m

Announcements
announcementt+2 movementdate
  • DFS Formally Commenced

    Progress Report

  • +23.08%

    08 Jan 2021

+23.08%

08 Jan 2021
  • Cleansing Prospectus Closed

    Issued Capital

  • 0.00%

    07 Jan 2021

0.00%

07 Jan 2021
  • Resignation of Joint Company Secretary

    Company Administration

  • -1.27%

    06 Jan 2021

-1.27%

06 Jan 2021
  • Appendix 3Y

    Shareholder Details

  • -1.25%

    05 Jan 2021

-1.25%

05 Jan 2021
  • Appendix 3Y

    Shareholder Details

  • -1.25%

    05 Jan 2021

-1.25%

05 Jan 2021
  • Appendix 3Y

    Shareholder Details

  • -1.25%

    05 Jan 2021

-1.25%

05 Jan 2021
  • Lapse of unlisted options

    Issued Capital

  • -1.25%

    05 Jan 2021

-1.25%

05 Jan 2021
  • Proposed issue of Securities - LKE

    Issued Capital

  • -4.82%

    04 Jan 2021

-4.82%

04 Jan 2021
  • Cleansing Prospectus

    Issued Capital · Market sensitive

  • -4.82%

    04 Jan 2021

-4.82%

04 Jan 2021
  • Appendix 2A

    Issued Capital

  • -4.82%

    04 Jan 2021

-4.82%

04 Jan 2021
Market Data

Current Price

$0.115

52WK HIGH

$0.12

52WK LOW

$0.022

1YR RETURN

+150.00%

1YR RETURN VS. SECTOR

+68.93%

90 DAY RETURN

+71.64%

ASX RANK

887

/2,047

SECTOR RANK

172

/590

SHARES OUTSTANDING

835.43m
ASX:LKE

Lake Resources N.L.

Mining

Lake Resources NL (ASX:LKE, Lake) is a lithium exploration company undertaking an aggressive programme to explore prime lithium basins and lithium pegmatites in Argentina, among some of the largest players in the lithium sector. Lake holds one of the largest lithium tenement packages in Argentina (~165,000 Ha), controlled 100% by Lake. Mining leases and applications are located in the Lithium Triangle which accounts for 49% of current lithium production. Lake completed the acquisition of an early mover in Argentina, who had secured three prime lithium brine projects in an extensive strategic package of ~90,000 Ha, prior to a significant ‘rush’ to secure projects by major companies in the sector. Recently an option agreement was entered into over lithium pegmatites covering a belt of ~75,000 Ha in Catamarca, next to Latin Resources (ASX:LRS). Upcoming exploration in lithium brine basins, one which is adjacent to some of the leading lithium producers/developers, including Orocobre (ASX:ORE) in Olaroz, and the Cauchari development project of Lithium Americas (TSXV:LAC) and SQM, may provide several catalysts for growth as the areas are assessed for major discoveries.

Read more

Market Cap

$96.07m

Price at Close

$0.115

4w avg. Volume

11.57m

4w avg. Turnover

$1.00m

ASX:LKE is not raising right now

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clients@freshequities.com

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Australia

Copyright © 2020 Fresh Equities. All rights reserved. ACN 619 657 028. CAR: 001267539 of AFSL: 471379.