LKE
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5.26% 4.0¢ lake resources n.l.

LKE towards TOP-5, page-23448

  1. dugsab
    16,686 Posts.
    lightbulb Created with Sketch. 2605
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    07/07/23
    09:38
    Post #: 68667213
    Re your item 4) - Grid power constructed + commissioned.

    Lake claim: "Completed initial technical feasibility study"
    Read: a desktop study, to satisfy some fluff announcement.

    "Key Technical Partner for Power Solution - Distrocuyo"
    Distrocuyo have had no work in their pipeline since 2020.
    https://www.distrocuyo.com/en/seccion/work-trayectory/

    How many separate Landowners, and Indigenous communities, need to consent to this 300km power solution, across their properties ??
    What compensation will they seek ??

    If one Landowner holds out!...what then?...circumnavigate their property ??

    What a mess this whole Kachi dream is !!

    IMO DYOR
    LKE Price at posting: 30.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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