LKE towards TOP-5, page-22423

Classic. Still talking about LPD.

Meanwhile, you think the SP of your loveboat LKE is overpriced

"Here has mines in right place"
Nice chinglish there 400hr. Sometimes hard to understand your broken Engrish

So LKE has a low grade brine resource in the middle of no where. They don't own the process to produce the lithum chloride.....that is owned by a 3rd party. LKE had a dispute with that 3rd party, and the resolution was for LKE to bend over and take it. Nice. Sounds like Lilac are in the drivers seat on this one.

Then you have the fact the pilot (which is only circa 15% of the flowsheet) took 6.5 months to produce what should take 1 month. Nice. So the pilot doesn't even produce HCL onsite, even though the final design will need to produce HCL on site. Then you have the fact the back end of the process is yet to be finalised.

So they have the fact only a small portion of the pilot output was converted into final product, and that process took 10 weeks.....even though the company stated it would take 3.

A company which has failed to produce any details to the market around water consumption, energy consumption, reagents. Heck, they have failed to produce any information about wells, pump rates, reinjection etc. They have failed to produce any environmental data whatsoever. Its all hidden and out of site.

Given you like to pump this hard, what are your predictions around CAPEX and production timeline?