The usual suspects continue to ask “who is going to fund...

The usual suspects continue to ask “who is going to fund Kachi….with its $1.38B CAPEX and an extraction method based on unproven DLE?”

I’d consider VUL is going down a similar path to LKE.
They have also had their fair share of doubters, had a short “report” written on them, are also basing their extraction method on DLE (although adsorption), they are also at Demonstration Plant stage, they also have a big CAPEX number in the Billions of dollars……but they don’t seem to be having many issues with raising their equity component and are finalising an AUD$825M financing deal as we speak. Sure, there are some differences……but there are also a lot of similarities! Just saying that LKE will not find anyone to finance the Kachi project is ignorant.