Frankly, the mind boggles at the potential of LKE's projects,...

Frankly, the mind boggles at the potential of LKE's projects, just one of them even, and their current MC, IMO, is a massive disconnect as are most other current "small" explorers, but, especially LKE.
IF we are able to believe what the world is being told and what we are already starting to see, the demand for lithium will grow exponentially, probably for our lifetimes.  And if Lilac can deliver their process commercially and at the quantities required, that will change the entire economic picture for lithium and those that are using their process.  LKE and Lilac are in Kachi together which Lilac declares to be a world standard resource. You would think that with experience, if Lilac's process works, they will be able to further trim costs to even lower levels.

It's early days and at this stage we must do our own research and make investment decisions based on what WE anticipate how everything we know now will translate into LKE and its SP.  If you like their, Lilac's and Li's stories, LKE is a remarkable opportunity. From my experience, if all the pieces fall favourably, it could be classified as one of the rare once in a lifetime ones.
That's not ramping, that, IMO, is a logical conclusion based on all of those factors coming to fruition.  Will they?? That's everyone's decision to make. I've made mine.