"RRX. These extracts from the Fastmarkets Presentation BY LAKE!!!
Your prime concern is debt, debt, debt and "looking for capital"l.
What's your take on this??
This was ALL about FUNDING!!!"
Oil & gas companies are looking for energy transition opportunities and provide
▪ Access to capital from robust balance sheets
▪ Ability to accelerate the scaling up of lithium production
▪ Lithium industry’s fragmentation presents opportunities for consolidation and entry
▪ Greater collaboration with oil & gas peers can help DLE producers.
▪ Collaboration and cooperation across both industries will help achievement of long term sustainability goals.
I reckon that Dickson, and probably all of his Board, are fully aware of that, and, voila, the Fastmarkets Presentation, and he doesn't try to hide it, actually touting it unashamedly.
Frankly, I also strongly believe that Kachi will never be a 75% 25% split between Lake and Lilac. In fact, probably NO hope that that will be the final ownership. BUT, Kachi will still proceed to all stages wearing more badges.
Any more thoughts re shorters and what happened last Friday?
Ann: Fastmarkets Presentation, page-60
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