LKE 2.94% 3.3¢ lake resources n.l.

Kachi Demo Plant updates, page-388

  1. sqe
    6,939 Posts.
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    No, it's genuinely funny.
    LKE via Lilac has produced a few kgs of a white powder. LKE don't own the process, they don't own the smarts. Heck, lilac doesn't even produce the white powder, that is done by yet another party.
    LKE have a crappy low grade resource. 500km from Salta.

    They have been promising since 2018 to have a pilot plant and it finally arrives on site..

    The pilot plant, now branded a demo plant doesn't even produce the chemical they want to sell. It just produces an intermediate. That intermediate will have to be shipped to cali for processing..... Some demo.
    The capacity of this "demo" is 1250xsmaller than the proposed. So a "demo" plant that doesn't produce the final product, by a company that is not LKE, from a resource that is low grade, and LKE has been shown to be a pump'n'dump.

    Yet on Sunday, the LKE HODLers defend their beloved tooth and nail! Bahahahahahahahahaha

    Yes, it's very funny to watch
 
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