Peter that is just not true. LKE lived up to a lot of their...

Peter that is just not true. LKE lived up to a lot of their promises considering that they were broke and selling sub 3 cents. At that time people (dug) said they would not raise any money. They raised heaps and they went on to run a demo plant on site and complete the reinjection part, all things that people (dug) said they could not do. Technically they have achieved what they set out to do. However they produced costings that were unrealistic and they stated that on site solar would cover the power requirements when they must have known this to be untrue. This would all have been fine if the price of lithium had stayed near the $80 per kilo mark rather than plunge to under $13. If you know anyone who predicted such a price collapse I would love to know who they are. On this page only Cryargentina was calling lithium a bubble but she was banned for some reason.
So LKE managements report card contains both negatives and positives but the over riding factor has been the lithium price plunge not the clown show that passes for management.