LKE 2.56% 4.0¢ lake resources n.l.

Steve Promnitz Interview, page-13

  1. 21,920 Posts.
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    Thanks for that link Post1969.  I picked this bit out which could also be the sort of arrangement that LKE wants to make with Lilac or other if the PFS proves that Kachi is viable. Lots of water still has to pass under the bridge before we can draw any substantive conclusions, but, those first numbers are a great base from which to start.
    Upon  proof  of concept,  LANXESS  is prepared to  provide funding  to the  joint venture  to allow  for  commercial development of the future commercial project,  and it is anticipated that  the joint venture  will include  options for  Standard Lithium  to participate  in project funding on similar terms. The final terms of the joint venture and anyfunding arrangement remain subject to  completion of due diligence,  technical proof  of  concept,  normal  economic  viability  studies  (e.g.   Preliminary Feasibility Study  etc.) to  confirm the  technical feasibility  and  economic viability of the project, and the negotiation of definitive agreements betweenthe parties.
 
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