lilac solutions, page-22

Sjlasx. Great analysis that, thanks.
From Lilac's web site, Kachi and LKE are certainly their number one player for extraction from brine and look like being at least the first on site pilot plant.
They got their funding because some very smart and knowledgeable people, as Simon_liu88 stated, were impressed enough with their presentation(s) and technology to approve the payment, as they put it, "to transform lithium production worldwide".
"Led by Breakthrough Energy Ventures, a $1 billion fund established by many of the world’s top business leaders to support companies with the potential to significantly reduce greenhouse gas emissions."
INVESTOR QUOTES
“While the electrification of vehicles is one of the most promising opportunities to reduce global emissions, today’s limited supplies of battery raw materials like lithium and cobalt challenge this transition,” said Carmichael Roberts of Breakthrough Energy Ventures. “We can’t push for faster EV adoption without the resources to support production.Lilac Solutions’ novel technology can change the supply and demand equation by helping lithium producers extract much larger quantities at a significantly lower cost, and from new sources. This is the type of industrial innovation required to support a transition to EVs at scale.”
“We are thrilled to support Lilac Solutions in their next phase of development to bring their technology to bear, enabling the expansion of global lithium markets and playing a key role in the transition to a decarbonized future through electrification,” said Katie Rae, CEO and managing partner of The Engine."
That's all great for Lilac. Super. Stupendous.

Now, what about that little mob that is going to provide the pilot plant and the resource where that "next phase of development" the "novel technology that can change the supply and demand equation" will be taking place?? Where the world will be watching??
LKE's 100% owned lake at Kachi!!!
Now, how do you reckon that changes the equation when LKE talks to potential financiers and J/V partners asking for cash??!!

From a penny dreadful, little Aussie company, with no money, with a SP of less than 5 cents and a market cap of less than $25 million and battling to raise $1.5 million from its own shareholders, asking for $25 million for a pie in the sky operation in the middle of South America, to THE participant in a project being watched by the entire lithium industry, from explorers, producers, users and financiers, worldwide, backed by Bill Gates, Ma, Bezos and Bloomberg??

THAT'S the story that shareholders take out of what has happened to Lilac!! LKE just wants to sell Lihium, lot's of it!! Period!!

Like Big Pharma, Lilac will certainly do well out of this project, if its "solution" succeeds. With so many eyes on it, it will undoubtedly be the major "success story".
But, the producer of the product resulting from that "success story", will be a huge beneficiary and most certainly not only be a part of a "game changer" but, more importantly for shareholders, will most certainly be a "company maker".

LKE management, MD,CFO,Chairman,Secretary, even the Receptionist and share registry, will now be tested to the limit to not miss this opportunity, starting with that $25 million that they need!!!!
Many eyes will be watching!!!!