LKE 5.26% 4.0¢ lake resources n.l.

LKE towards TOP-5, page-23447

  1. sqe
    6,939 Posts.
    lightbulb Created with Sketch. 3626

    Precisely.

    If you could get all interested parties in the one room, you would have the following

    1) Catarmarca government
    2) LKE management
    3) LKE financiers
    4) Lilac management
    5) Lilac financiers
    6) Power company
    7) Power financiers

    They are having a round table discussion. All parties with a vested interest. LKE/Lilac seeking financing. The financiers want security. Who knows what the governments priorities are.

    The discussion goes along these lines

    LKE financiers:
    Hmmmm, this is a bloody expensive project. We are not about to cough up the $$ until we have security that Lilac bead manufacturing is financed and is successful. We also require that power is available to the site. That means we need to see construction started.

    Lilac financiers
    Hmmmmm, We are taking on risk building this bead plant given Lilac have no other customers. We need to see financing for LKE + financing for grid connection before we are prepared to fund this thing

    Power financiers
    Hmmmm, 300km of grid connection is a major project guys. We are not prepared to fund hundreds of millions of dollars until we see financing for your projects.


    What will break the struggle?


    Last edited by sqe: 07/07/23
 
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