By Elric Langton | 11 March 2024
I have a financial interest in Lake Resources NL.
Those who follow my financial journey are likely aware of my modest foray into lithium mining stocks, which, despite the current downturn, I view as seeds sown for future growth. Each of these investments, while yet to bear fruit, is akin to an intricate maze that, with patience, leads to untapped potential. Embracing a pound-cost-average approach has been my strategy, a prudent pause given the horizon of commercial viability for these ventures.
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Next in the Series - Part Five: Lithium Supply Chain: How recycled batteries may impact the market.
Part Four: Electric Dreams Deferred
Political Utopia vs. Bleak Reality
Part Three: Electric Dreams Deferred
Overview of Lithium Market Dynamics (November 2022 - Present)
Part Two: Electric Dreams Deferred
Consumer Demand: Market Hype Bombs
Part One: Electric Dreams Deferred
The High-Voltage Impact of Germany’s EV Subsidy Cutoff
Riding the Lithium Rollercoaster
Among them, Lake Resources NL and its flagship Kachi Project shine with promise. The recent completion of the Phase One Definitive Feasibility Study and the maiden Ore Reserve statement heralds a robust 25-year journey ahead for Kachi, igniting optimism for its operational achievements as detailed in ASX releases on 19 December 2023.
The revelations from the Phase One DFS paint Kachi as a top-tier contender in the lithium arena. It boasts a hefty resource base and robust economics that place it in what we hope will be an enviable position within the burgeoning lithium market. However, investors’ experience thus far has been fraught with much angst and setbacks, timeline changes, and forecast output once commercially viable.