1. 6.1k
    Posts

    More scare mongering on the non existent Climate Fiasco.
    They will all fly their Jets their ,then tell you not to drive a Car. If they were fair Dinkum they would walk their or swim. The biggest Con of the lot is David Attenborough ....a paid voice.

    1 like
  2. 2.6k
    Posts

    Good spp pump and dump

    1 like
  3. 2.6k
    Posts

    Big open gap today to get filled

  4. 2.6k
    Posts

    will billy gates buy in...

  5. 2.6k
    Posts

    Bill Gates-led fund heads up investment in Lake Resources’ lithium processing technology partner Lilac Solutions
    By Lorna Nicholas - February 21, 2020
    Lilac Solutions lithium extraction technology Bill Gates ASX LKE Lake Resources
    Lake Resources see’s the US$20m investment in partner Lilac Solutions as vote of confidence in its chosen lithium brine processing technology.
    15
    SHARES
    Facebook
    Twitter
    LinkedIn
    Print
    Email
    A Bill Gates-led fund called Breakthrough Energy Ventures has backed lithium brine explorer Lake Resources’ (ASX: LKE) technology partner Lilac Solutions during a series A U$20 million investment round.

    Several of the world’s business leaders established the $1 billion Breakthrough Energy fund to support companies with potential to reduce greenhouse gas emissions.

    Breakthrough Energy’s investors include Amazon founder Jeff Bezos, co-founder of Alibaba Jack Ma, and Bloomberg founder Michael Bloomberg.

    The fund led the round, which also included participation from other investors including The Engine, Lowercarbon Capital and The Grantham Foundation.

    Lake and Lilac partnership
    According to Lake, Lilac’s direct lithium brine extraction technology offers a “sustainable solution” in producing lithium carbonate.

    In lithium brine operations, Lilac’s technology involves removing the lithium from the brine then returning the processed brine to aquifer where it was extracted.

    This eliminates the need for traditional evaporation ponds, which are used in conventional lithium brine operations.

    Lake added Lilac’s technology is “significantly faster, cheaper and more scalable” than existing methods.

    Investment in Lilac proves positive for Lake’s chose process
    Lake managing director Steve Promnitz said the investment in Lilac was also a “vote of confidence” in Lake’s lithium processing strategy.

    “This is quality, third party validation in Lake selecting Lilac as our technology provider – providing increased efficiency in recoveries and a shorter time to market with sustainable lithium products and a smaller environmental footprint without expansive evaporation ponds.”

    “These investors made money by investing in disruptive technologies, seeing opportunities and promoting higher efficiencies with greater environmental outcomes,” Mr Promnitz added.

    Lilac funding allocation
    Lilac’s US$20 million funding will be allocated toward expanding its engineering team, and scaling up production of its ion-exchange beads, which are the core of its lithium extraction system.

    Funds will also be used towards deploying the technology.

    Lilac chief executive officer and founder Dave Snydacker said the company “couldn’t be more excited” to have this “spectacular” group of investors supporting its vision to modernise lithium production.

    “Other companies have tried to build these ion-exchange beads in the past, but they were either not selective enough at picking lithium out of the mixture of minerals or fell apart after just a few cycles,” Mr Snydacker explained.

    Meanwhile, Breakthrough Energy’s Carmichael Roberts said Lilac’s technology had the potential to alter the supply and demand equation by helping lithium producers extract much higher quantities of lithium at a lower cost.

    “This is the type of industrial innovation required to support a transition to electric vehicles at scale,” Mr Roberts added.

  6. 2.6k
    Posts
  7. 2.6k
    Posts

    winding up??

  8. 2.6k
    Posts

    my guess 3 cents??give or take ,,,2.8 at worse ?? how much ?? 1.5 to 2 mill ??going on 3.5 prop job?? needs a new board imo sell the pump///good luck

  9. 2.6k
    Posts

    More dilution..wait for pump ..and out dyor

  10. 2.6k
    Posts

    Out 3.7 ..move on

  11. 2.6k
    Posts

    moved into VUL at 59 much better run company and massive in country Germany upside imo dyor

  12. 2.6k
    Posts

    vul really sh%ts on lke after doing extensive DD always dyor good luck

  13. 2.6k
    Posts

    VUL has my lithium $$ lke has wrong management imo good luck

  14. 2.6k
    Posts

    go VUL$$ glad i made the switch after more DD ..VUL sh$ts on lke imo always DYOR..

  15. 2.6k
    Posts

    go the VUL $1 this week?

  16. 2.6k
    Posts

    VUL sh^ts on lke dyor

  17. 2.6k
    Posts

    until BOD change this puppy not going far imo ..dyor

  18. 2.6k
    Posts

    CR come xmas punters ... a lot of fluff for a while always DYOR

  19. 2.6k
    Posts

    will need more cash sooner then later ..1 bill shares here we come needs a new BOD desperately DYOR

  20. 2.6k
    Posts

    3 cent raise ..not bad imagine if they had a decent bod

Your browser is too old for TopStocks and not secure. Please update your browser