Tesla battery day - one more day and we should see impact on LKE...

Tesla battery day - one more day and we should see impact on LKE SP on Wednesday

Hazen results - from 15th Sep...15 to 18 days. Announcement expected latter part of next week. Watch this space.

LKE - A Game Changer

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Watch this space for the following milestones in the next 6 to 9 months and enjoy the SP ride.

1. Hazen proves 99.9% or above purity - within a month, in September 2020

2. Novonix confirms and produces quality battery with Kachi samples - within 4 to 5 month, latest by end Jan 2021

3.LKE signs cornerstone investor for USD 10m to USD 15m for DFS and onsite pilot plant - within 4 months, latest by end Dec 2020. Did I hear correct? - Leading German Industry Officials.

4. Signs one or two offtake partners - latest before end June 2021

Each of these milestones would be catalyst in re-rating LKE SP. A big plus in the current environment is the anticipated Tesla battery day.

Though I would like to see LKE into Production in 2022/2023 and earn potential dividends but because of its perfect production timing (2022/23), DLE technology, CSG benefit, high purity, resource size/potential, expected lithium supply shortfall etc. we may see one or two takeover offers in Q2/Q3 2021 when DFS is completed.

Either way current SP would be a distance dream by mid 2021. My expectation is a fully diluted MC of minimum $250m by mid 2021. Let’s enjoy the journey.