A few significant points,
1. LKE is confident based on the results so far on 50,000 expansion
2. Expect indicated and inferred resource to increase early next year with more data
3. Most likely DFS will have expansion of 50,000 included as phase-2 (my thinking)
4. ECA team have already visited the site and seen the potential of Kachi site
Well done Lakers. It is just a matter of time. Give another 3 to 6 months time to confirm everything from expansion of 50,000 LCE per year, DFS & ESIA, construction finance, off takers and IMO LKE will be a completely different company to what it is today.
Ann: Kachi Drilling Reinforces Doubling Lithium Production, page-12
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