Not about the process plant. It is about validation from battery makers. Once this happens it will validate any funding. Lilac has done their job.
Steve has reinforced this last year and the start of this year in interviews.
Has also reinforced that off takers are yet to decide which product chemistry they require. There is still a lot going on with battery chemistry at the moment. This is where Teslas Battery day is vital for the industry. It will guide battery makers regarding their product and whether it is competitive enough.
Think about the battery makers.... Tesla is claiming they have major break throughs so therefore why would one go all in with a product that just won't compete????
There is not a damn thing Lake can do about this. The appropriate response is nothing. Not a damn thing. Lake has done what it can. The rest is up to fate.
It comes down to off takers.
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