LKE 8.11% 4.0¢ lake resources n.l.

Whats Going On ???, page-22

  1. 956 Posts.
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    From the most recent asx update:

    “Lilac expects to begin on- site processing of Kachi brines in the first week of October.”

    If I was LKE management I would definitely provide another announcement once commissioning is all done & the demo plant is operational.

    As for the dispute - expect resolution by end of November. Expect lilac to get an extension on the deadline with some agreed penalties or etc going forward should other agreed milestones be missed.

    I think LKE need to show flexibility while showing investors/partners/offtakes they are serious about delivering on time.
 
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