First there was this:
"Lithium Australia NL (ASX: LIT) has a long-term strategy for the establishment of a lithium processing hub in Western Australia with an initial preference of Port Hedland given the proximity to infrastructure, but more importantly, proximity to WA’s lithium hotspot, Pilgangoora"
https://lithium-au.com/wp-content/uploads/2016/11/436qzfjkn2c8tb.pdf
Now there is this:
"location assessment conducted during the study has highlighted a very attractive overseas site"
https://lithium-au.com/wp-content/uploads/2017/05/1202017-LIT-engineering-update-090517.pdf
Are Lithium Australia just following Lepidico's lead? Or was there a real assessment.
This also calls into question the MRIWA grant which was granted under the following premise:
"The applicant(s) must show that the work proposed will directly benefit the Western Australian economy, is directed to the mineral deposits in WA and is within the remit of the Research Priority"
http://www.mriwa.wa.gov.au/researchgrants/
I dare say the grant is no longer valid and monies will need to be returned.
Lastly, in my opinion, the flip flop in LIT strategies call into question the integrity of the members of its board.
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