LKE towards TOP-5, page-15420

“We acknowledge that we have significant work to convert this EOI into a committed funding arrangement.”.

“Essentially this EOI is stating that if Lake does what it says it’s going to do in the DFS and ESIA, the project will be funded.”

11/08/21 - ASX announcement.

This “new” information Jcap has put forward as an “update” is from 2021. One can expect things would have firmed up further by now. LKE board must be confident enough to consider financing not an issue assuming all the agreed boxes are ticked.

Time will tell. If its not UK ECA it will be someone else.. Now that the demo plant is commissioned and producing at spec product Jcap doesn’t have much else left to latch onto..