No Production Until 2027...... If Ever, page-1286

@Sanar5

At the start of this year you asked me to provide further context on why I believed Lake Resources was the most overhyped stock on the ASX. In a lengthy post I started this thread whereby I detailed my top 5 reasons that would play out in time.......

Lets take a quick recap of where we are today and you can judge for yourself As @mondyinvest pointed out this morning, if you haven't worked it out for yourself yet, you probably never will

1) The Stage 1 DFS is now "Due in December 2023 and Stage 2 DFS due in Q4 2026"...... I did state on MANY occassions the DFS wouldn't be here until Q4 2023 at the earliest given this company hadn't even completed a single well pump test at the start of the year (Because Stu + Steve had no idea)
2) CAPEX for the 25ktpa operation is going to be a MASSIVE blowout IMO
3) I stated no production until 2027 at the earliest (If ever) I got called every name under the sun from the Pumpsters (Now known as the Fudsters). Here we are 6 months later and the company is stating they wont be producing at 25ktpa until 2027/2028 LOL LOL LOL (I did tell you guys, but hey what would a Mining Engineer know)
4) I told you that a BASE CASE of 50ktpa was a pipedream that lined the pockets of Steve + Stu + Nick. Here we are today and the management team has stated hey lets learn to walk before we run............ WHO WOULD HAVE EVER THOUGHT

I hope people finally see who the truthsters are, its amazing how bang on the money we have been on this 1