LKE 6.98% 4.0¢ lake resources n.l.

@Tassy3, short answer is I don't know. If LILAC doesn't work, I...

  1. Suw
    2,141 Posts.
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    @Tassy3, short answer is I don't know. If LILAC doesn't work, I don't think we could go for traditional evaporation ponds (due to grade issues) but another DLE. Having said that, I would like to think LKE/LILAC would work but we may have some initial teething issues that requires a few tweaks.

    If LKE or LILAC did not believe Kachi demo plant would work, the following wouldn't have taken place IMO
    - 150 to 300 people working on site
    - LILAC team travelling to site
    - LILAC agreeing to "Earn in" to Kachi project
    - FORD & HANWA signing non binding offtakes
    - Citi/JP Morgan agreeing to look at funding
    - HATCH progressing with DFS & ESIA
    - Major investors backing LILAC
    - Bolivian government short listing LILAC
    - A couple of other companies using LILAC technology for lithium

    All looking good for me , personally.


 
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