Lakers had two amazing announcements in the last two days,1....

Lakers had two amazing announcements in the last two days,

1. Kachi demo plant running for 1,000 hours & producing 40,000l LiCl
2. Kachi resource upgrade (doubling)

First announcement confirms, LILAC technology works for Kachi brine & second one confirms 50,000tpa of LCE Kachi production is possible

Now we await results from Saltworks, purity of Kachi LCE which may be of interest to potential offtakers & strategic partners WMC & SK ON to sign an unconditional offtake. I believe (assume), 1,000 hours of Kachi demo plant operation is sufficient for HATCH to sign off on Kachi DFS. If this assumption is correct then we may see our Kachi DFS for 50,000 tpa LCE either in January or latest February '23

LKE has ticked two boxes this year so far and looking forward to further de-risking announcements in the near future

Good luck Lakers