Level-headed, blunt assessment of Lake Resources, page-196

also remember the past two recent dilution events. at 0.25 cents and at 0.75 cents. Imagine how the investors who bought in at .75 cents feel now. they literally are paying for the company to MAYBE produce revenue by 2028. and they're over 50% down. and there's going to be FURTHER dilution/capital raising needed.

AND we're not even getting to the fact that none of this is guaranteed! there is no guarantee they will produce by 2028. There are so many variables that can delay or kill the project entirely. so many macro events. inflation may be sticky and interest rates will remain high. also remember in the interview (if you actually watched it) with dickson he said it's very hard to attract SKILLED talent to the middle of argentina. so they gotta pay them a lot of money. we are just talking about CAPEX right now, not even OPEX yet. just so many question marks regarding the finances. these are the facts brother. I'm basically looking for an exit price at this point between now and December.

I'll maybe consider investing again after investors have been diluted and the DFS/ESIA is more clear. I've already been diluted twice and don't intend to be diluted again.