Lake Resources NL (LLKKF)

[TradingCharts]

17 March 2021
Lake Refreshes Kachi PFS; NPV Increases to US$1.6Bn on Updated Pricing
Potential Kachi Production Increase Under Review
• Kachi NPV8 increases 110% to US$1.6bn (A$2.1 billion) based on revised lithium price estimates
in a refreshed PFS, based on 25,500 tpa lithium carbonate production, which demonstrates a
more robust financial outcome than the original conservative PFS price assumptions.
• Kachi project value, as post-tax NPV8, increases 110% to US$1.58 billion (A$2.1 billion) with a
35% IRR and annual EBITDA of US$260 million (A$350m), using updated lithium price forecast
of US$15,500/tonne for battery grade lithium carbonate.
• Lake assessing potential increase of lithium carbonate production at the Kachi Lithium Brine
Project, as demand continues to rise from battery makers for high purity product.

https://lakeresources.com.au/wp-content/uploads/2021/03/lke_kachi_pfs_refreshed_with_us1.6bn_value.pdf