hi brunk,
I think too early to speculate. To paraphrase a previous post it might depend in part on how long "the straw that dips into the adjacent lease" as well as on Lake tenement. Figuratively speaking of course .
Significantly a PFS and pilot plant is not proposed for Cauchari in the Bloomberg presentation but they are for Olarez. Cauchari is the proof of concept to be applied at Olarez.
Presumably Lake's Cauchari tenement will hold value for its neighbour (Kachi / Olarez working capital) but more work will be required before a number could be placed on that value
I think that the rigs are to be shifted straight to Olarez when the current Cauchari exploratory well is complete. Then the news flow along with Kachi developments and progress with the "Lilac" technology will become increasingly frequent and "interesting"
Missed the closing bell on Friday but hoping that my (small) order will be filled on opening tomorrow.,
All speculation IMO only
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