Snippet from Steve’s interview...Next 6 months will be very interesting and probably a game changer in lithium sector. Most likely, LKE will be a minimum $1B company by end 2021 IMO, if below goes as per plan. Buckle Up.
Whatcaninvestors expectfromLakeResources?
1. You are going to expect more drilling announcements and that supports an expansion case.
2. There will probably be an announcement about a much closer union with our technology partner (Lilac Solutions).
3. Would reasonably expect somewhere within the next six months an announcement about AT LEAST ONE of our off-take agreements..these are taking a little while...they are quite commercially sensitive...but as time goes by we are getting more and more calls about getting this product in the supply chain.
4. The demonstration plant coming to site.
5. More announcements about the debt funding of this project which is typically $400M- $440M...that is pretty compelling.
6. Through that we will move into the full financing and the feasiblity study results in about 9 months time...there is a lot coming down the pipe.
7. There might be a few more surprises about what we are doing on our other projects.
8th would be Novonix final results.
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