LKE presenting on Red Cloud 2022 Mining Showcase, page-14

Yes, @Melv97. Also:

• He said that ESIA would be ready in Q2.
• Pilot plant at Kachi expected for Q2.
• He expects pre payment from off take partners.
• He also expects 2*25ktpa in 2 other brine projects than Kachi, probably Olaroz and Cauchari.
• He estimated Kachi Capex to start with a 9, so somewhere in the 900 million range, but no final number is confirmed. (For the 50ktpa production)
• He stressed that using market pricing is getting more and more realistic for off take contracts, something like what Fastmarkets provides, which could be considered at each quarter using the previous quarter's data.
• Off take partners are finally waking up to the fact that they will need to secure their Lithium.
• He expects that about US$50 million would be needed to be received from the equity markets to have the full self part of Kachi Capex available.