LKE 2.78% 3.5¢ lake resources n.l.

Thanks very much for sharing.Worth keeping in mind a few key...

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    Thanks very much for sharing.

    Worth keeping in mind a few key items here
    - lawyers are involved (by necessity) which may have influenced the wording significantly for two reasons
    i) potential future action
    ii) lawyers being lawyers
    - influencing the negotiated outcome (maybe Lake has the upper hand here). I suspect they believe their view on the date is technically correct and use the word with the intent they may force the issue. I suspect the key date is triggered as a period from a key date which is the point of contention, or a clause that allows it to be extended under certain circumstances eg delays outside control of Lilac which becomes more subjective.
 
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