High-flying lithium explorer Lake Resources is set to emerge from a trading halt as soon as Wednesday as its management team scrambles to rebut allegations its direct lithium extraction technology might not work at commercial scale.
In a 17-page report published on Monday, hedge fund research firm J Capital cast doubt over the ability of Lake Resources’ partner, Lilac Solutions, to help develop its Kachi lithium brine project in Argentina.
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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
Tom Richardson writes and comments on markets including equities, debt, crypto, software, banking, payments, and regulation. He worked in asset management at Bank of New York Mellon and is a member of the CFA Society of the UK as a holder of the Investment Management Certificate. Connect with Tom on Twitter. Email Tom at tom.richardson@afr.com
