Lake Resources NL (LLKKF)

[accipiterr]

The company appointed to do the Definitive Feasibility Study (DFS) is the same company that is doing the Feasibility Studies for the corporation called Controlled Thermal Resources (CTR) which is the only other publicly known lithium extraction partner of Lilac Solutions.

The fact that HATCH did the project engineering for Lake Resources and CTR and is now doing the DFS for lake resources tells me that Lilac Solutions is working very closely with Lake Resources and CTR. Lilac has been putting these things in place to make sure that the Kachi Project is ready to go by the time DFS is done. I am guessing Lilac will want to be on the board of directors for lake solutions and therefore I speculate that the final licensing agreement between Lake Resources and Lilac will include a 5%-10% ownership of Lake Resources by Lilac.

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