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4.3¢ lake resources n.l.

Lilac Exclusivity, page-33

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dugsab

16,864 Posts.

2623

04/04/21

11:47

Post #: 52242804
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Originally posted by Mozza01: ↑

Hi Skywalker6,

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.

Expand

Hi Mozza,

75-100 ktpa would happen overnight, it would be scaled and the MD has been jawboning for some time about the “Simple Production Scale-up”.

You simply add modules - 1-2 modules for pilot, 50+ modules for production scale...simple.

So either the modular story has flaws or Alpha’s (Tolillar project) engagement of Lilac, which is located right next door to Cauchari, has more to it than meets the eye.

I look forward to the MD’s announcement, and trust there is no Devil in the Detail.

LKE Price at posting: 33.0¢ Sentiment: Hold Disclosure: Not Held
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