Ann: Kachi Power Supply, page-20

@Gooose

An MRE may contribute to EV but in of itself it's worthless unless the commodity can be economically mined.

Kachi is a low quality brine; it remains to be seen whether it can be commercially viable.

Of course company valuation is critical to funding options. E.g. a $100m MC company will find it impossible accessing $1b to develop their project: shareholders would be diluted nearly to buggery if it was a share offer, and a joint venture takes on nearly all risk and delayed reward (if at all).

Today's announcement was low on detail and high on promises. A LKE specialty.