Lake Resources NL (ASX:LKE) provides the Company's latest Investor Presentation.

Investment Highlights - Kachi Project

Lake Resources (ASX:LKE)

- Lithium exploration/development in Argentina - 3 brine lithium & 1 hard rock lithium project

- One of largest lease holdings of Lithium ~ 200,000 Ha, provides scale and optionality

Two Flagship Projects: Kachi - Large Resource; Large Exploration Target

- Large maiden resource: 4.4 Mt LCE combined Indicated & Inferred categories

- Indicated: 1 Mt LCE, Inferred: 3.4 Mt LCE

- Large basin 20km x 15km x 400-800m deep: Leases cover entire brine basin 69,000 Ha & 100% owned

- PFS to follow - development optionality - conventional & direct extraction methods

- In southern extension of brine producing area, 80km south of FMC/Livent (producing for 20 years)

- New direct extraction method partnership - Reduction in time to production & lower operating costs

Major Transactions in Area

- Cauchari - next to major acquisition $237M at Cauchari (Gangfeng Aug'18) = 6x LKE market value

- Kachi - south of Galaxy resource sale - US$280 M (POSCO June'18)

- Implied Acquisition Value: US$55-70 M per 1 Mt LCE resource

Undervalued vs Peers:

- Comparisons with other lithium companies in Argentina shows deep value in LKE

- Neighbours market value 300% to 1000% higher. Recent research $0.44 price target

To view the full presentation, please visit:
http://abnnewswire.net/lnk/H682FO07


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.

   

Contact

Steve Promnitz
Managing Director
Lake Resources N.L.
T: +61-2-9188-7864
E: steve@lakeresources.com.au

IR(Ben): +61-4131-50448



Link: Investor Presentation


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