I also e-mailed Steve last night. He responded to me this morning and stated that the agreement with Lilac was still being finalised and that an announcement would be released in due course. Doesn’t sound like there are any surprises.
We have more than just Kachi and there is a desire to develop the other projects as well - bringing us towards the 75-100,000Tpa mark. This may well be beyond what Lilac can partner us with and we then have to spread the load with others. Makes sense.
Looking forward to seeing that announcement at some stage soon and I get the impression that there are no red flags to ponder at this stage.
LKE Price at posting:
33.0¢ Sentiment: Hold Disclosure: Held
