LKE is a lithium hopeful that aims to begin production at its flagship Kachi project in 2024. Currently though, LKE does not even have a demonstration plant and so is some way off having a product to sell.
Not according to Corporate Connect though which in its favourable and ‘independent’ research report on LKE published on 12 April 2022 stated:
“Kachi is SOLD OUT – With project production capacity of 50,000t/year and two MOU’s on the table, each up to 25,000t/year, Kachi is technically “SOLD OUT”.”
LKE is technically sold out of lithium in the same way that I am technically sold out of lithium, in that I have none to sell and I never did. Never mind that the MOUs are non-binding but for Corporate Connect to call this ‘independent’ research when it was actually commissioned by LKE, well I will tell you who has technically sold out.
more at:
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- LKE
- Ann: Lake responds to online report
Ann: Lake responds to online report, page-333
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