Ann: Response to ASX Query, page-29

I like your post. For me I am happy with the objectives setout in january. If I want news on Lilac I watch Anson Resources announcements as both companies are intertwined when it comes to production. Would rather Lake holds off on spending until Ansons Pilot plant is up and running and spitting out results. By the time Lake gets round to it Lilac will haved refined their design. Ansons Share price has been rising as short term investors look for the quick buck. Lake should just be focusing on volume as method of production will take care of itself. I don't expect lots of news from Lake. They should just be patient like the rest of us. Once Anson is done with its testing of pilot plant and proves it to be succesful Lake will certainly get benefits in this. It to me is the perfect storm.