Ann: Operational Update, page-79

Lake's lithium grades are a joke. I believe you can extract lithium from the ocean as well, and I put Lake in that category. Absolutely ridiculous, and their DFS, Lithium grades and total resource are somewhat questionable if you ask me. But I forget the most important part: what is Lake going to do about the environmental license to operate in a very fragile ecological area? This is so crazy and unrealistic on so many fronts. As for other lithium companies with battered-down stock prices, they solely need a higher lithium price to see their market cap triple overnight, and investors will throw money at them. Lake, on the other hand, is in a downward spiral since the numbers and facts don't add up. It's a balloon that popped a long time ago. The remaining 3% air is coming out slowly, and it stinks like a sewage drain.