LKE 11.4% 7.8¢ lake resources n.l.

Success stories - What's your average price?, page-103

  1. 3,529 Posts.
    lightbulb Created with Sketch. 2878
    I'll just say one thing here.
    If you were listening to yesterday's presentations, you would have known that a question was asked about the Demonstration Plant and the link to the ESIA timing. Steve's words were, and I quote "the ESIA is NOT dependant on any results from the Demonstration Plant". He then went on to explain how it would work. If you are interested at all about the facts at hand, I encourage you to catch up on the latest before posting any more tripe on these threads.

    Oh, and by the way, Steve also mentioned that the funds from the UK ECA are actually already put aside and allocated to Lake. The conditions to releasing those funds are to tick a few more boxes and deliver what they are already extremely confident of delivering - e.g. the Demonstration Plant, an Offtake Agreement, etc. There is more to the ECA funding than "just an EOI". Again, this was covered in the presentation. You can wait on the formal announcement to the ASX if you like....whilst others act.

    I will not be drawn into any further to and fro discussions on this. Either you believe it or you don't.

    I'd welcome you to the $1B Club.....but you don't currently hold because you sold at 64c, so I'll save it for other Shareholders.
 
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