LKE 5.00% 3.8¢ lake resources n.l.

Ann: Investor Operational Update, page-17

  1. sqe
    6,939 Posts.
    lightbulb Created with Sketch. 3626
    Yep

    The company stated they were confident the DFS would land Q1 2022. That kept getting pushed back throughout 2022. Then Dicko came on board and pushed it out to "mid 2023". Now its slated for End of 2023.

    The updated timeline has blown out. Given the company's track record, things will blow out further. So the 2027 for initial production will slip and slide to 2028 best case.

    It's bad. Very bad
 
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