Lake Resources NL is resuming coverage, with its flagship Kachi lithium brine project in Catamarca province, Argentina, being a key focus. The Kachi project holds a large lithium brine resource of 10.6 Mt LCE at 218 mg/L, with a 2023 Definitive Feasibility Study (DFS) projecting an After Tax-NPV8% of US$1.7B at a lithium carbonate price of US$28k/t. Even at a lower five-year average price of US$21k/t, the project is estimated to have an AT-NPV8% of US$0.8-US$1.0B. Lake Resources stands out as t...
A director at Lake Resources maiden bought 520,369 shares at 0.137AUD and the significance rating of the trade was 54/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
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