Don't listen to downrampers, page-291

I think LKE has bigger issues than CAPEX.......if they can resolve the infrastructure issues and transport to port which if I were them I would seriously consider a slurry pipeline to port .
Then they are still going to produce a low grade product that will need to be processed further at market nearest market is the US then China GLN now has the same issue .
Believe it or not ASNs direct costs in the CAPEX have increased over $100 mil USD but the overall CAPEX cost has reduced from $463 mil USD TO $441 mil USD this tells me that either they are adding a hydro electricity plant and increasing the production output or adding a Boric Acid circuit or both but with the new land acquisition and resource expansion due any day they're are changes afoot .
Kemerton hydroxide may be cheaper in CAPEX but look at C2 costs include SC6 sales with the C1 costs Look at SYA carbonate plant C1 look at PLL plant C1 PLS is different because SC6 cost is low around $600 and long term this is what makes INR ASN and others attractive $3k - $4k C1 costs for a "Battery grade" product in a "direct to market" jurisdiction and in ASNs case the highest purity you can find .
When lilac was with ASN I knew it was dog and I was over the moon when they got dropped even though the SP got hammered , it's a shame for LKE but it's done now .
Personally I see LKE selling to Lilac eventually either all of their interest or to a point where lilac have control and then maybe LKE can start again with someone else on other claims .
No I don't hold I thought it might be a decent swing trade at these levels but the recent news and timelines killed all that IMHO .
I'm not promoting you asked for my thoughts.

Warmest Regards GLTAH DYOR TT