LKE 2.08% 4.7¢ lake resources n.l.

2021 and beyond, page-3067

  1. 16,542 Posts.
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    Your Q3 2021 expectations are unattainable and entirely optimistic.

    1. Kachi drilling progress and resource upgrade
    Expect delays in drilling as noted on previous occasions.
    2. Cauchari drilling progress and resource
    See item 1 above.
    3. Cauchari development partner and DLE partner
    Not without at least a PEA or PFS, and preferably a DFS.
    4. LILAC strong partnership... have been waiting for a while now
    Not much to see here, move on. What little there is, is already priced in.
    5. NOVONIX final results... have been waiting for a while now
    Priced in.
    6. Kachi ESIA progress
    Progress is irrelevant to SP. Approval is paramount. Expect a 12month delay.
    7. General market update on construction finance funding progress
    You're getting ahead of yourself. 1st - onsite demo plant (proof of scale and purity), which then feeds into 2nd - DFS and ESIA. ECA eligibility?
    8. At least MOU with one Tier-1 offtake partner
    See item 7 above.
    9. Olaroz drilling permit
    Ho-hum.
    10. Probably with an alliance or offtake partner, a new BOD appointment
    See item 7 above.
 
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