Hi teddie, I understand DFS is much more detailed than PFS but it is not a requirement to sign any off take partners. I can only quote from one of my previous holdings - KDR. When KDR signed up with Tesla they didn't have DFS and same applies to their other Off take partners LG Chem and Mitsui. LG and Mitsui had their expression of interest and they were to sign based on DFS outcome. But my point is PFS, positive outcome of samples, expression of interest from off take partners - all be catalysts for SP re-rate. If/when these events take place, LKE will be a few multiples of current MC IMHO. Have a good weekend everyone. Looking forward to discussing PFS outcome next week.
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- Ann: Investor Stream Update 1 23 April 2020
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