Just my thoughts, but I don't see how a CEO (acting) would be observing the intra day SP. It's not like they are flipping a house, this is a multi-decade project. Yes announcements are great, but in my view for the long term, I wouldn't want the company to be performing based on just announcements, they will come as the company matures. The mistake as I see it was to state a time frame for annoucements which the public (us) have taken to be holy scripture, and they haven't arrived.
IMO etc.
Lake Resources remains in the ASX 200, page-33
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