Everyone panicking about the cash-burn, which I suppose is fair.
More ominous to me was the omission of the progress at the demonstration plant. No comments were made in the testing hours, nor the 80,000L of Li-chloride which is due to have been finished roughly now. (per below interview with the CEO).
The DFS can't progress until this demonstration has been made and the costs to which can be analysed.
If I were a betting man, I'd suggest that the DFS won't be out by 30 June 2023 which is the "mid-year" target they are aiming for.
https://www.*********.com.au/2023/03/15/lake-resources-asxlke-provides-update-on-strategic-focus/
Everyone panicking about the cash-burn, which I suppose is...
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