I know that I should not respond, but here goes.
LKE is doing well. Why?
Might it be because they have 5 lithium projects in the pipeline
Might be because if Ion exchange works, it will solve the aquifer problem in the Lithium Triangle
If Lilacs DLE works, and they revolutionise the whole brine industry yeah everyone will drop ponds and take up DLE but LKE are years ahead and DLE is not an off the shelf technology but must be tailored to each brine. Catch up will take years.
Aquifer depletion is a hot button issue in the Lithium Triangle, whoever solves this problem will make a fortune.
We are about to discover if Lilac's process works at scale. If it does, then the world of lithium extraction will change. We will either move to a 21st century tech or we will be stuck with the tech developed by the Romans 2000 years ago.
Is the current price of LKE high or low? Well, high if the tech fails, but low if it works.
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