The year is 2021, lithium is booming, Lake's Chairman Stu Crow + CEO Steve Promnitz announce a $20m capital raise and state to the market "Lake isfully funded to construction in 2022"
Fast forward to the reality 3 years later, we are now in the truth telling phase and it is eye opening
1) The company hasn't submitted its permit application yet. A permit that takes 2-3 years in Catamarca
2) After multiple capital raises since due in part to the "A Team" blowing $10m a month on business class flights, 5 star hotels and marketing, people have woken up
3) Lake have a low grade non-economical project
It is sad how gullible people still can't see or acknowledge just how gullible they were
Ann: Trading Halt, page-40
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