Lake Management are supposedly coming clean about their ambitions + updated timeline in April '23 (2 months)
Lake is only just starting its First of many long term pump tests, which then feed into a basic groundwater model, which then feeds into project planning, which is then studied in the DFS (Won't be here until Q4 '23 at the earliest, more likely early '24)
No institutional bank in the world will offer finance until the DFS is complete & the bank has the opportunity to independently verify the information within it i.e There is 0% chance of any approved finance in 2023 IMO
Not to mention you haven't even submitted a project approval application which can take 12-24 months on its own. Again, no bank will approve finance without permits
Project Update will be released in April '23 and will be judged on its own !
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