Almost 1 month on from this announcement.
The pilot plant should be able to produce 109kg/day LCE @ 100% capacity. This announcement stated 90% capacity.
So approx 100kg /day LCE.
30 days on, should have produced 3000kg LCE.
24/7 operation would have added another 720 hours of operation time. Adding the 600hours from this announcement brings us 1320hours.
So the 1000hrs + 2500kg LCE requirement of the agreement should have been hit.
Presumably the $50M USD spend has been hit. In which case Lilac SHOULD have hit most of the requirements for the 25% ownership of kachi.
But guess what?........No announcements
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- Ann: Lake Resources Provided Kachi Project Update
Ann: Lake Resources Provided Kachi Project Update, page-433
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