ASX's Lake and Ford sign non-binding MoU for lithium offtake

Could be interesting to see if this news out today gives Lake a bit of momentum. One to watch.

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Sydney, Australia, April 11, 2022 - (ABN Newswire) - Clean lithium developer Lake Resources NL (ASX:LKE) (HAM:LK1) (OTCMKTS:LLKKF) advises an offtake of approximately 25,000 tonnes per annum (tpa) of lithium from the Kachi Project has been signed in a non-binding Memorandum of Understanding (MoU) with Ford Motor Company (Ford).

Source: au.finance.yahoo.com...ke-ax-221700112.html

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Short term 20% run off the news but then wrecked with the rest of the market.

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On the watch list again.