Thank you simon_liu88 So refreshing to read such positive and intelligent commentary. Last night we have seen the end of the "Bull". THAT Bull anyway. Dead, until next time, and there will be a next time, punters love to resurrect bulls, but when? Now, with apologies to everyone who got pissed off with my "broken record" references to 21 February 2020 and those 2 words, Bill Gates, well, sorry, because, 21 February will go down as THE most important day in the history (maybe a long one) of Lake Resources!! Period.
If we were still in 20 February territory today, frankly, we would still be in that BSS C Notes debt deal with bugger all cash in the bank. Look at them today!!!!
Probably $4 million in the bank, NO DEBT, a Pilot Plant being constructed and tested, and working with a company that's just been handed US$25 million to KEEP GOING (not to start) from a vote of confidence, financed by some of the richest people in the world, with a process that is on the cusp of revolutionizing the lithium processing, and most likely, when conclusively proved to be successful and scalable, entire industries, from battery manufacturing, motor vehicles, energy storage etc etc etc etc!!! And they are using LKE brine to prove that concept to the world!!!
Yep, I'm a broken record when it comes to 21 February and Bill Gates because without those words, LKE would be a sunken ship with what will be happening in the financial world at the moment and for the foreseeable future. 20 February was a nightmare about to happen and by now probably happening.
Lake has been truly blessed and those that don't see that and understand that and are bored with it being repeated, haven't got a clue what LUCK and BLESSED means and LKE has BOTH of them on its side. Who would you rather be backing now, someone who has to borrow $400 million to develop evaporation pools, or someone who is debt free, within one of the largest Brine sources in the world, 100% owned, and working with a company that is fully cashed up and with the support of those very influential and extremely rich supporters and no evaporation pools. GREEN.
LKE is not a ST DT TA type company, so, those of that ilk who hold LKE will probably continue to exit, probably most of those SI's who put up the $3.5 million and obviously using free money debt and have to cash in even at a loss. But, LKE will still be around and GOING FORWARD,debt free, cash in the bank and a highly desirable product to sell WHEN the next bull run starts. Can't wait to see the results of the 5.000 litres and now the 20,000 litres. GLTA. Never forget 21 Feb!!!!!!
