Probably a good guess, maybe a little higher on DTP with a good lens. The lowest current I run one at is 700mAh and it’s behind the wide ledil CUTE pebble finish that Dale estimates to cause a ~33% optical loss and it measures 97lm in my light box.
Do keep in mind it will actually be much more power output than 97lm of white light, it can give you a headache pretty quickly. The cheap meters probably read narrow band color light lower than reality as well.