Recovery of Lithium Hydroxide, page-11

Interpretation ...
July 2020 is my understanding for the "initial period" ...so a lapsed WA exclusive right if Lit Aus does not commit to WA or international plant will see their initial 100k investment down the tubes ...

Facts.....
Lithium Australia holds the rights to three L-Max® licensees.
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One of these L-Max® licenses is for use in Western Australia which is an exclusive right to use Lepidico’s L-Max technology until July 2020, which right will be extended for a further 20 years if Lithium Australian commits to build an L-Max plant anywhere in the world during the initial period.

main trigger - successful pilot 5/2019

Possible Realities : 1) Some  renegotiation LPD/Lit Aus
                               2) Some legal skirmish on definitions
                               3) lit aus could step in post successful pilot 5/2019 with some announced plan