Share
1,809 Posts.
lightbulb Created with Sketch. 671
clock Created with Sketch. 08/11/22
12:32
Share
Originally posted by Mozza01:
↑
They claim to have sourced documents under the FOIA that outline that the terms used by GKB Ventures (the export credit Advisor appointed by Lake) in their subsequent releases and interviews regarding the support from the UKEF were a bit stronger than they should have been.an EOI . It seems Lake level of confidence of making the EOI binding further down the track was based on their strong belief in achieving the predetermined conditions - including the ESG benefits that the Lithium Carbonate production is based on. Whilst Lake has been outwardly confident, there is nothing in JCap's report that states that the EOI going binding will not happen......nothing at all. As a matter of fact, JCap call Lake "Spinmeisters" when they themselves are using spin to make implications that things are not as they seem. Even taking the Lake commentary out of the picture, we all know where Lake formally stands on their progress towards achieving UKEF financing.
Expand
https://lakeresources.com.au/wp-content/uploads/2022/10/lke_annual-report_27-oct-22.pdf
(20min delay)