Ann: Lake and Lilac Announce Achievement of Milestones at Kachi, page-132

Excellent post, Maccadu.

Finally a reasoned, balanced and sane post on HC after a long, long, long time.

I fully, 100% agree with you - the hardest part of the LKE story ie; proving that its DLE tech can work at scale and over an extended period of time on site, at site conditions is now DONE.

This fact alone has de-risked the project up to about 70-80%. The balance of the risks are what you said - delivery scale out and may I add also Country risk, finance risk, project execution risks, logistical risks. However, given the fact that so many Lithium majors are operating in the Litium triangle in Argentian already, I would hazard a guess that these may not be such major issues since the supply infrastructure and expertise is already available in country.

Looking forward now to teh next steps, DFS, JORC, ESIA, FID etc.

Luckily, LKE also has a world class Team in place for these next steps so my confidence levels in LKE are now at an all time HIGH.

DYOR, etc.