LIT 8.11% 2.0¢ lithium australia limited

LIT investor's only please., page-93

  1. sqe
    6,939 Posts.
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    @rokkett. I've had a read of the 3 announcements you recommended.

    Lithium Australia(ASX:LIT) Breaks new ground in processing Technology
    Interesting read. Dated 6th July 2017. Reads very similar to the Lepidico PFS dated 27th Feb 2017. Those dates do seem rather interesting. Wasn't the takeover bid unsuccessful on the 20th June 2017? Then LIT ann a PFS 6th July. Interesting. But it does provide yield and purity information, including a breakdown of impurity. Thanks.

    asx:lit construction costs for lspp (2,500 tpa)
    https://hotcopper.com.au/data/attachments/1626/1626847-61871ed1a240562bec03d6ddc8d5af53.jpg
    asx:lpd capital cost for P1 plant (approx 2,500 tpa)
    https://hotcopper.com.au/data/attachments/1626/1626851-a484a6df1eb4ae8fb23284ce8f05003e.jpg
    So the costings are within 35% accuracy, yet they are within 2% of Lepidico's costings, who were made 4 months earlier, prior to Lithium Australia's failed takeover bid


    Lithium Australias cutting edge Sileach plant design nears completion
    Not sure why you suggested this one. Has no grade or impurity info. However, It does mention the addition of Fluorspar (CaF2) with the Sulphuric Acid (H2SO4) so I'm glad you mentioned this.


    https://hotcopper.com.au/data/attachments/1626/1626858-89a1b33282076a0c26229f324ed01562.jpg

    What happens when you mix H2SO4 + CaF2 ? I'll give you a clue

    From here (https://pubs.acs.org/doi/pdf/10.1021/i260049a004) you get
    https://hotcopper.com.au/data/attachments/1626/1626857-2c1e0cfa8d5932e687fc706b00f25568.jpg

    HF = Hydrogen Fluoride. I'd heard SiLeach produced it, now you've pointed me to it. Thank you.

    Lithium Australia(ASX:LIT) Breaks new ground in processing Technology
    Not really sure why you mentioned this one. No yields, no grades

 
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