Ann: Lithium Australia and Lepidico settle litigation, page-117

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betheball

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08/03/17

19:36

Post #: 23196509
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Originally posted by Beton2 ↑

Does it really matter that the HF comes from the ore or another source? YES. Any release during the process is not avoidable. and is addressed in the process. The first question in the safety aspect is "What is the level of danger?" The next question is "can it be avoided?" With SL the answer is going to be yes because you are adding HF. Being cheaper is not an option. There are other options like roasting.

The matter here is the fact that the shareholders have not been informed the the principal reagent is HF. Instead you are being told that is any of a dozen fancy names. Your entire portfolio of projects hinge on the development of SL. If you cannot build and operate a plant at the end of development then you have nothing. If you cannot get insurance at the end, you have nothing. If your process is not economical in the end you have nothing. If you take 5 years to develop SL, you have nothing because you have missed the train. As shareholders you have not been informed of these points and you should have been. If AG is not telling you then the other board members should be. Optimism is great, I will preach it everyday. You still have to be realistic.

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As per LIT email release today.
You are misinformed yourself!
Apology accepted.

Last edited by betheball: 08/03/17

LIT Price at posting: 16.0¢ Sentiment: Hold Disclosure: Held
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Ann: Lithium Australia and Lepidico settle litigation, page-117

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