LKE 5.00% 3.8¢ lake resources n.l.

Ann: Strong Expression of Interest to Fund 70% of Kachi Project, page-49

  1. 4,190 Posts.
    lightbulb Created with Sketch. 2950
    Coming back from my birthday party, good to see that I received a present from LKE as well
    So my caipirinha is also to the health of LKE employees and shareholders!

    I liked that Steve explained the announcement also in layman's terms:
    “Essentially this EOI is stating that if Lake does what it says it’s going to do in the DFS and ESIA, the project will be funded. Combined with backing from potential international off-takers, investors will increasingly see progress towards successful production and expansion of Kachi, perfectly timed to meet the needs of a decarbonising world.”

    And to see that we're talking about strong interest to fund the expanded 50 ktpa development, that's the icing on the cake.
    Last edited by Fantasyboy: 11/08/21
 
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