i wonder what the level of detail will be on this update
2 years ago lake announced
after 2 years there has never been an ESIA (or EISA as they wrote it) released or submitted to the Argentinean govt, without this approval lake cannot start construction.. is it still being prepared by piesold knight? when is it expected? what were they doing the last 2 years?
realistically, ESIA will take over a year for approval, famously AGY submitted their EIA for 10ktpa expansion approval in argentina 2 years ago in march 2021 and as of april this year:
so anyone thinking getting that approval for the worlds biggest and vaguest DLE will be fast, i would think not..
IMO if this is released and production is anticipated before Q1 27 then LKE will lose all credibility as it'll be another instance of LKE giving investors an unrealistic deadline which they'll ultimately miss, hell VUL are anticipating Q1 26 for small production with a 1 year ramp up to 40ktpa in Q1 27 and they are vastly vastly more advanced than LKE having recieved EIA approval in feb of this year
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Ann: Advance invitation to investor update webcast Monday 19 June, page-22
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