LIT 4.55% 2.1¢ lithium australia limited

Ann: LIT launches Share Purchase Plan-LIT.AX, page-30

  1. 613 Posts.
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    I'm wondering if the insiders new this was going to happen and have sold out already to buy back in cheaper along with to please some off take naga $ people.
    Worst case scenario assuming all goes well at the miniplant trials is its all of Western Australia and two other juristictions by mutual agreement with Strategic Metallurgy trading as PLP and owners of patented L-max and PWN for K-max to some extent for byproduct credits with MIRIWA working with ANSTO aswell.
    All good and plenty of forward gains for all especially in the proccess being able to reject deleterious contamininants as it goes which may have a market value to decrease the cost of lithium proccessing.
    The wild card for Sileach is can it proccess spodumene !!! aswell as mica without traditional roasting and separation and I'm not a lawyer but all the way to 100% value added finished product at a good price advantage.
 
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