Ann: Response to ASX Query, page-115

Thanks Gassed. 
I agree with that. I don’t want to hear ANN when there’s nothing to report. It makes me laugh when various conspiracy theories come out. They’ve had trouble drilling in a difficult area in sandy conditions due to the good flow rates. It was expected to be honest. 
What’s more important is that they get there in the end with appropriate results and not the date. 
I’ve communicated with Steve and Stu before and met them both twice at events in London. That was what prompted me to set up the chat room because I knew others were watching too. I tend not to bother CEO, M.D. etc with emails unless it’s something specific. 
I prefer to speak face to face and went with a run of questions in London. To be fair they answered them and I was struggling to get the scale of Kachi and put it into context but Steve explained it brilliantly with the depth and volume, location and comparative data. I’ve also been on a learning curve wrt to Brine and the processing and they explained the complexity of Brine their strategy in Argentina and the new Lilac technology and processing. Myself and another investor pressed them for more information on Lilac and scaling up, partnership etc but that information wasn’t forthcoming which was understandable at the time. 
ORE - There timeline lasted 11 years before they got to this stage. 
LKE - They started in 2015/16 and I think they’ll get their quicker than ORE did but obviously there will be delays, unforeseen problems and funding to be arranged as well as possible JV. 
Bring it on is what I say. 

Ikappo - I say fair play to LKE for putting a timeline out there. Many companies don’t bother and just drag along for years getting nowhere. 

I say that by putting a timeframe of expected targets out there Lake Resources have shown their own high expectations for themselves, share holders and the company. They’ve aimed high and I like that. These guys are on a mission imo. Far better to have aimed high and fall a bit short rather than to have little expectation at all and got nowhere. 
The EV market and demand for Lithium will carry this to 50c at some point. The Lilac technology is a disruptive tech in the sector and some people don’t like that but screw them. Those processing numbers are amazing, run the figures on Kachi and enjoy the ride. 
I’m fed up with gloom merchants. This is a great opportunity with 4 projects that will get 4 deals.