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2018 AGM Presentation
2018 AGM Presentation
Brisbane, Nov 13, 2018 AEST (ABN Newswire) - Lake Resources NL (ASX:LKE) (FRA:LK1) is pleased to present the 2018 AGM Presentation with investment highlights.

- 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

Two Flagship Projects:

Kachi - Large Exploration Target

- 1st resource due in weeks - PFS to follow - Development optionality

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

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

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

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; results in weeks

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) = 6x LKE market value

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

Undervalued vs Peers:

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

- Neighbours market value between $1.1 Bn to $3+Bn; Recent research $0.44 price target

To view the presentation, please visit:
http://abnnewswire.net/lnk/2A91G51W


About Lake Resources NL

Lake ResourcesLake Resources NL (ASX:LKE)  (OTCMKTS:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world's lithium is produced at the lowest cost.  
 
This method will enable Lake Resources to be an efficient, responsibly-sourced, environmentally friendly and cost competitive supplier of high-purity lithium, which is readily scalable, and in demand from Tier 1 electric vehicle makers and battery makers.

   


Contact

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



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