LKE is in a world of hurt, they have produced several...

LKE is in a world of hurt, they have produced several feasibility studies and none really look that appealing, and some just do not ad up, the cost of the project is incredibly high when compared to other Lithium projects and they are trying to sell it on over inflated projected Lithium prices which completely contradict just about all industry expects short to medium term price projections….in a nut shell how they will ever get the funding will be pulling a massive rabbit out of the hat….biggest cost are power and Fresh water, currently trading just above 9c down from $2.71……they are also years ahead of XTC so if your thinking all XTC Needs to do is drill and find brine to make the SP rocket….I would think again because the market is now fully awake to the complexity of actually turning it into a money maker…..I hope they have a plan B and C for all those hanging on to turn this around…..but you never know?