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3.7¢ lake resources n.l.

Ann: LAKE LITHIUM TO BE TESTED IN BATTERIES BY NOVONIX, page-40

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Vivo

1,622 Posts.

381

27/08/20

15:09

Post #: 46870578
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Originally posted by gassed: ↑

So true Vivo. And not only will there not be any new developments in South America, (the current BIG ones) those current BIG ones won't be able to expand their current "mines" unless they change to DE. That "could" result in the FOMO becoming more aggressive and accelerating the need for new supplies.
"If" these tests from Hazen and Novonix prove to be successful, "could" accelerate the development of Kachi.
That new cash going towards the DFS, should make that a top priority. Imagine going into the market(s), offtakers, and funders, with results from Novonix, Hazen and a DFS in the one presentation, all within the next 6-9 months!!!!
LKE "could" be THE disruptor and precipitate the obsolescence of the current leaders' processes!!!
David and Goliath!!!!

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I don't know how it will play out. I imagine all the brine producers down there will be straight onto this if Lake makes a go of it and their customers start agitating.

Does anyone know what advantage Lake has in being the front runner for Lilac's technology? Do we get exclusive use of the technology in this location, for instance?

LKE Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
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