LKE 2.63% 3.9¢ lake resources n.l.

Ann: Achievement of Major Milestone for Project Kachi, page-159

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  1. 14,034 Posts.
    lightbulb Created with Sketch. 8530
    Yes, it matters what has been achieved.
    Sad part is that is not very clear, at all.
    Sqe is noting that simple things don’t add up.
    Vague announcements and missing critical details that many cheer on without grasping what they actually mean.
    What’s actually new today?
    They produced the remaining 2/3 of the eluate. They reiterated 80% recovery for the lilac process.

    5 and a half months ago, the market was told:
    “We are already achieving 80% lithium recoveries even as we complete the commissioning process amd increase recoveries”.
    Sounds like they were expecting that to increase? Nope. Disappointed?

    It is laughable, but I suppose not unexpected, since many fell for the Steve hype and are now “locked in” until this either flaps of flops…. But still can’t analyse or assess what is (or isn’t) actually being achieved!!!!!
    The mind boggles!
 
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