Lake have replaced Shady Stu’s 2025 full production stortytelling https://youtu.be/ilLi60zmR14?t=2035with Dicko’s 2031 Reset.
At the last webinar14/06/2023Advance invitation to investor webcast – June 19
Dicko stated “What I would say is that today is the day that we are cleansing the market with this information. This is a plan moving forward.”
The below are Milestones disclosed in the 19/6/23 announcements and webinar.
https://lakeresources.com.au/wp-content/uploads/2023/06/lke_investor-update_19-jun-23.pdf
.
H2/2023 DFS Field Work completedH2/2023 Goundwater model completed
H2/2023 Lithium Carbonate Demo Plant Tests completed
JUL/2023 Lithium Carbonate Samples to Offtakers
H2/2023 FEED/EPCM selected
H2/2023 Power Solution selected
H2/2023 Data Room opened
H2/2023 Offtake Discussions commenced
H2/2023 DEC/2023 Phase 1 DFS released.
Q1/2024 EIA submitted
Q1/2024 FEED commenced
Q1/2024 Financing commenced
Q3/2024 FEED completed
Q4/2024 Financing completed
Q1/2025 EIA Approved
Q1/2025 Phase 1 FID made
Q1/2025 Phase 1 EPCM commenced
Q3/2025 Phase 1 commissioned
Q4/2026 Phase 2 DFS released
Q3/2027 Grid Power available on site
Q3/2027 First Lithium Carbonate produced
Q3/2027 Phase 2 EIA Approved
Q4/2027 Phase 2 FID made
20275 ktpa Lithium Carbonate production
2028 20 ktpa LCE production
2029 25 ktpa LCE production
2030 35 ktpa LCE production
Q3/2030 Phase 2 Fully Operational
2031 50 ktpa LCE production
It’s a long list.
Which milestones will be the hardest/ insurmountable to achieve by its date?
What other key milestones are LKE missing?
DYOR
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