I'm pretty sure that they are busting to get a partner, an offtake agreement, or straight sale ASAP. The "market" won't bridge that disconnect until they have something a lot more substantial than an "inferred resource" and no doubt why they keep using those "nearology" comparisons to, hopefully, get someone in before they go through the lengthy feasibility study stages. The PFS is a comparatively major step compared to the "inferred resource" numbers, despite how apparently very very large they look.But, with a few more steps to take, Kachi should take LKE into at least 3 figure market cap territory, probably, without doubt.
And that 20 cent option ($8 million) is surely on the fore front of Steve's and particularly Stu's minds, right now!!!
Ann: Large maiden 4.4mt LCE resource estimate for Kachi Project, page-16
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