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Ann: Achievement of Major Milestone for Project Kachi, page-429

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michelred

1,377 Posts.

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19/04/23

12:59

Post #: 67354163
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Originally posted by Mozza01: ↑

Agree bgr980,
These discussions have been happening outside of HC and there is a lot of consensus from Shareholders that the expectation of the way forward will be to stage the project into 3-5 trains to get to the 50kTpa capacity. This will spread and derisk the CAPEX requirement and will result in “first Lithium” production in a shorter timeframe than it would to build the whole 50kTpa capacity in the one go. It will also provide the benefits of earlier cashflow as well. What you have suggested is in fact the expectation of a significant group of Shareholders that I communicate with.

Others would have you believe this path will result in a disaster! The Shorters and Naysayers will try to make it look like there is great opposition to this way forward to attempt to leverage as much of a negative reaction as they can from unsuspecting “Mum and Dad” investors that maybe don’t stay close to all of the discussions going on. That is their usual MO.

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LKE Price at posting: 46.8¢ Sentiment: None Disclosure: Not Held
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Ann: Achievement of Major Milestone for Project Kachi, page-429

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