LKE towards TOP-5, page-6285

The point of the pilot is to test and provide inputs and answers to the very timelines you are questioning.

The modularity provides options to produce very quickly (I am being optimistic and making the assumption that the outputs are as hoped for).

From an engineering and design perspective Hatch have the runs on the board and capability in this space https://www.hatch.com/Expertise/MetalMinerals/Lithium

The earn in with Lilac should ensure that they are focused on outcomes, timelines and addressing various execution risks.

Given the known funding options available to LKE. We are also well placed so as to not have to cut corners.

Absolutely there are risks ahead. And IMO the next few months will be key in derisking this project and the business.

I don’t expect that it will all be plain sailing, however with the other potential projects behind Kachi there is plenty resting on getting this one right.