It took lake 7 years to get here with kachi, it's a fallacy to think that the others could be progressed to this point within less than 5 years lake are pre-revenue so money needs to be spent smartly, that means all resources should be put towards kachi and bring that into operation to start making money, those other projects need a maiden JORC, PEA, ESIA, approvals, before they even get anywhere near a DFS and at that point they'll still be years away from production with multiple billions in capex needed, plus just a cash black hole if lake aren't making revenue from kachi. The strategy should be 100% kachi so lake can become self sufficient or they will raising 100m per year and diluting the share holder value sure the process for those others may be assisted with what's learned from kachi but they are still outside of this decade before they are advanced enough to be considered a reason to invest
LKE Price at posting:
86.0¢ Sentiment: Buy Disclosure: Not Held
