Ann: Advisor Appointed for Debt Funding, page-28

Gassed is correct. The news of the pilot plant is what is going to move the share price. Lake is looking to get into pre production as per Steve's last interview. Pre production will allow the company to re rate if successful by mid next year. This means cash flow as the intent is to sell pre production product. Again as per the last interview. The intent by Steve is to get the stock re rated.

Of course there will be dilution but the severity will be reduced at a higher stock price. Don't think gassed implied that there wouldn't be further dilution.....

And for those who keep harping on about Olaroz need to understand that the amazing news of Cauchari didn't get Lake where it needed to be did it? So why tell the same story when the likelihood is the same result with more money spent?

Gassed is bang on and with the messages being posted is probably banging his head.... wouldn't be suprised if he is passed out in his living room if for every message about why we aren't at Olaroz caused him to bang his head at least once... so you know just stop with Olaroz cause we need gassed on here.

Olaroz is waiting for one more application to be approved if anyone bothered to go thru the 60 page audit that you know some were so upset about but you know still didn't read. The Noosa presentation also said fourth quarter for Olaroz. Don't care either way. Volume equation is satisfactory. Need the rate of retrieval to complete the picture.

Then you have that story that can sell.