LIT 10.0% 1.8¢ lithium australia limited

Ann: LIT gets boost from Galaxy investment in lithium processing, page-49

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    @balman82. I'm not an expert. However, you should think that LPD could be in breach of licencing agreements if they do not comply with LIT.

    LPD is an ASX listed company and has "a duty of care" to proceed in a good business like manner, and supply LIT with technical and operational information to build an LMax processing plant.

    The ASX has rules and regulations about doing business and its not a game.

    There are several new methods emerging recently (including LMax and Sileach) to refine high grade lithium hydroxide or lithium carbonate. Each refining method has its specific application to the type of lithium resource and benefits. Basically, if LIT or LPD don't do it someone else will.

    Hence, LIT (and LPD) should be getting plenty of attention this year due to miners seeking to stay competitive and following the trend into refining and longer term cost efficiency and profits. Sometimes the simple answer is the best.

    The bottom line is that LPD answers to shareholders and ASIC / ASX if they refuse to comply with LIT, or sabotage LMax licencing revenues from LIT in WA.
 
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