Precisely.
Lilac have no flesh on the table. No doubt their will be a long term exclusive supply arrangement for their beads
It is not as if they have the only direct extraction process in the world. Competitors have come out of the woodwork since Lake signed up with them
Lake have of necessity placed heavy reliance on their expertise for what seems to be a very low OPEX cost.
Lets hope they know the economics of their process as well as the technology
Lilac Brine -vs- Lilac Lithium Clays, page-14
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