Ann: Lake responds to online report, page-340

Since it's a new application of ion exchange for
Li extraction, the next step after lab testing and tuning, is to set up a smaller scale pilot plant in the field. That will teach them how it performs in the field, and what tweaking is necessary to scale up. The ion exchange skids are generally modular, so easy to scale up by adding multiple modules.

Several comments here denigrating the generator in the shed construction picture. Diesel gensets are regularly used on construction sites, and in Australia a lot of remote minesites regularly operate totally on diesel generator power for the whole site, since grid power is not available.

Any new technology has several phases to maturity, and there would be setbacks along the way, but people need patience.

LKE overshot it's real value due to share market exuberance and it has just reverted back to a more realistic value.

Patience is the key here. It's innovative technology, but the potential is immense. Yes, it could fail, but in my view it is very promising.

Everyone has to decide for themselves whether this fits their risk profile or not and invest accordingly.

DYOR.