LKE 2.27% 4.3¢ lake resources n.l.

teddie and pipette. This is Stu Crow's raison d'etre."STUART...

  1. 21,166 Posts.
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    teddie and pipette. This is Stu Crow's raison d'etre.

    "STUART CROW CHAIRMAN AND NON-EXECUTIVE DIRECTOR
    Stuart has global experience in financial services, corporate finance, investor relations, international markets, salary packaging and stock broking.
    Stuart is passionate about assisting emerging listed companies to attract investors and capital and has owned and operated his own businesses.

    All going to plan, LKE is on track to ceasing to become an "emerging listed company"!!!

    NICK LINDSAY NON-EXECUTIVE DIRECTOR
    Dr. Nick Lindsay has over 25 years’ experience in Argentina, Chile and Peru in technical and commercial roles in the resources sector with major and mid-tier companies, as well as start-ups. A fluent Spanish speaker, he has successfully taken companies in South America, such as Laguna Resources which he led as Managing Director, from inception to listing, development and subsequent acquisition.

    I absolutely agree with you guys that it would be far more "comfortable" as a shareholder with a Chairman having a top reputation with an established and producing mining company background. No doubt!!

    But, look where LKE is, it's NUMBER ONE priority is that big funding deal. IMO, that's the prime, possibly, only, reason Stu Crow is where he is with LKE. Look at the Incentive package the Directors have been given "Stuart Crow 9 • 100% vests when an investment partner
    signs an agreement to invest into the Kachi Project in Catamarca!!! That's the only way he will receive ANY benefits from that scheme.
    ? The only reason he's where he is?
    But, IMO, the company is also very much aware of that and have now installed its own specialist CFO and has engaged "SD Capital Advisory Limited will focus on obtaining debt finance for the development of Lake’s 100%-owned lithium brine projects with an immediate focus on Kachi given the Pre-Feasibility Study (PFS) will be completed before year-end.
    Lake is assessing a range of funding solutions through debt or investment directly at the project level in order to minimise any potential dilution to Lake’s equity investors." SD Capital Advisory for the debt and Stu Crow for the "direct investment" and the CFO to supervise it.

    And teddie, Re you inference, I declare that I am just a very small shareholder with absolutely no other involvement with LKE.
    I just like the story and the opportunity of being on the ground floor of "an emerging listed mining company" in what will be one of the most important products going into the LT future of manufacturing.



 
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