“While LKE has financially de-risked Kachi through debt and offtakes, we note that the upcoming DFS and pilot plant should help on the technical front.”
“Financially de-risked”
Yeh nah, this is now the immediate bush fire.
“DFS and pilot plant should help on the technical front.”
Nope, those just forced some truth telling on lack of infrastructure, low technical maturity and problems with permitting among other things.
DYOR
LKE 2.0, page-1714
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