LKE towards TOP-5, page-6600

Good morning Lakers

PLS BMX auction price is one indication of where lithium industry and price are going to be in the future




@dugsab Thank you for sharing my Q2 prediction which I made on 1st January ‘22 prior to overall market decline in April/May ‘22



In my opinion Novonix final result is no more relevant, now that we have signed non binding MOUs with Hanwa and FORD. What is more relevant is Kachi demo plant outcome. Release of Kachi DFS & ESIA have been postponed to Q3 as per latest LKE presentation.

I still expect all or at least most of the following updates within the next 5 weeks;

1. Kachi expansion confirmation and resource upgrade

2. Possibility of ASX200 entry in June

3. Oraloz drilling update

4. Commissioning of Kachi demo plant

5. Further details on Hanwa offtake partnership
6. Further details on FORD offtake partnership

7. Further details on UK & Canada ECA funding with large bank backing

Dugsy, with regards to my Q2 price prediction of $2.10 to $2.60 by end June ‘22, my suggestion is we still have 5 weeks and be patient. Please don’t jump the gun and we shall revisit the topic of SP $2.10 to $2.60 on 30th June ‘22. Hopefully, we LKE shareholders be pleasantly surprised by end of June.

Good luck Lakers