Yeah wow. Not what you want to read as a holder.
Let's be truly honest. There is absolutely nothing surprising with that ann. All it has done is confirm what many have been saying and many have been refusing to accept.
LKE is miles away from a DFS. Targeting mid 2023? Lol, so maybe Q12024 at best?
Again, no facts and figures on demo plant performance.
Updated timeline, again ouch! DFS sometime early 2024 I say. Production - Change that from 2024 to 2027 - If you are lucky. Build time would be 3 years for the size of the plant coupled with the location.
In typical LKE fashion throw in a crucial management change at the end like it was the part time secretary. Seriously, when is the market going to value this company properly?
Only my thoughts and only my opinion.
Ann: Lake Resources Provides Operational Update, page-110
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