LKE 3.85% 5.4¢ lake resources n.l.

Ann: Lake responds to online report, page-512

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  1. 7,304 Posts.
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    You mean the pilot plant that was meant to be on site in 2019?

    In the end, the only thing that will make the SP increase/decrease is the technology happening or not. Right now its not, so its going to hurt current holders. Its super dodgy and hope investors knew the risk the brine technology had behind it before investing. Not to mention, the absolute arid wasteland that the LKE project sits in. LOI and non-binding MOU's are basically like having coffee with a person involved in the company, not worth the paper they're written on.
 
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