LKE 1.32% 3.9¢ lake resources n.l.

Ann: Achievement of Major Milestone for Project Kachi, page-546

  1. 2,665 Posts.
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    I actually agree with you - the announcements don’t seem straight forward

    but I also think the management need to define and fine tune the processes and then provide answers

    i was reading that interview by DD - and it felt honest on what he was explaining, but I think there is an element of Lilac not being upfront- I think they want to capture a much bigger segment in this market - and before their (lilac) data gets shot to pieces they are not exactly revealing everything

    lake management are stuck in between - more like project managers owning the land, owning the drilling and defining resources , defining costs/benefits and finally owning the process.

    problem is that being the face of the company that I have bought shares in - I expect them to have detailed answers - which is not happening.

    I feel it is DD’s job to get those answers and be ready to answer honestly - and if he can’t do so, get a Lilac guy in the conference.

    time will I guess


 
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