Ann: Lake Resources Provided Kachi Project Update, page-482

"Oh dear indeed, all the best on paper plans, never fit to the real world, and that always plays out between a written plan and an executed one"

So on one hand the company has stated it was at 90% steady state capacity, and then soundwave comes along and tells the market that all of the best plans don't work in the real world. Errrrr. It is very clear you are not an Engineer. A plant is designed to have a certain capacity. If the capacity can never be met, then its a failed plan.

That aside, 90% is not bad. You have to allow some downtime for maintenance etc. I have no issue with the 90%.

But clearly you still completely miss the point.

Based on the announcements from this company and lilac and based on the 90% capacity being hit, they should have reached the agreement of 1000hrs + 2500kg LCE.

But still no announcement. Management are keeping shareholders in the dark about the true status of the pilot plant. The pilot plant which doesn't even demonstrate 50% of the flowsheet.

I feel sorry for shareholders