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3.85%

5.4¢ lake resources n.l.

Ann: Strategic Investment and Offtake Agreement with SK On, page-110

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mbot

10,306 Posts.

1248

12/10/22

14:41

Post #: 64160178
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Originally posted by MrFaargs: ↑

mcdonalds has restaurants in nearly every country in the world, just because a company enters into an agreement to provide them with potatoes doesnt mean that those potatoes will go to every country they have restaurants in..
people like you i think honestly dont realise that lake isnt the only lithium game in town, if ford want US based lithium there are plenty of options, what makes lake so special to them? its special to investors since they are intending to have a large volume production and you have your money invested, the lithium at kachi is no different to lithium from any other salar, other DLE projects, kachi LCE hasnt received testing results showing the lithium performs better unlike others have., widen your perspective, lake is not the be all and end all of lithium production and with 4 offtakes all for up to 50% lake have less than 0% product to sell on initial production, now theyve gotta deliver on the hard part which is basically everything associated with the process and their timeline which is still a complete unknown, other projects arent even at the pre-DFS stage so even fast tracked they are 5-7 years away from production

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Oh dear. Ann No 9 will show how wrong you are.

LKE Price at posting: $1.01 Sentiment: Buy Disclosure: Held
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