LKE had an announcement today. In a nut shell.Asset in Argentina...

LKE had an announcement today. In a nut shell.

Asset in Argentina vs Chile. Both in the Lithium triangle.
BRINE lithium Carb 25ktpa ....similar to LPI 20ktpa ( LPI has 51% of that ) .....pre new Jorc expecting jump to 30-36ktpa. LPI owns 15.3-18.36ktpa
Extraction with DLE ( which is super expensive ) 90%...Similar to LPI with slower evaporation.
DFS expected 9 months from Now.... LPI expected in 8-12 weeks
No EIA or permits. ( could take 2 years ) LPI have all required permissioning.
Expected to commence construction late 2022.... Lpi early 2022
LKE giving away 25% of the asset for the DLE technology and pro rate $50m for construction costs.

LKE MC $570M LPI $100M

Fwiw, LPI should be at least 1/2 LKE ...that puts the SP at 70c. Why isn't it??

POOR selection of investor relations and promotion.

That is the issue I have