Ann: Resource Connect Asia Future Facing Commodities Presentation, page-121

Based on my assessment, I have the following sentiments:

• The DFS (Definitive Feasibility Study) will lack clarity.
• The overall market sentiment in the mining sector will likely cause more pain for LKE's stock price.
• Lake Resources will enter a prolonged phase of inactivity.
• The current management is expected to deplete the company's financial resources to the best of their abilities.
• Construction and production are unlikely to commence in the near future, and the current management will have moved on long before then.
• Assets will be sold off and new leadership will take over.
• Based on current projections, shareholders are likely to face a significant loss of their investment, potentially up to 95%.
• The Lake tenements are unlikely to be profitable for anyone.
• Additionally, it is possible that the Argentine government may make unfavorable decisions that could further impact LKE's operations.