Ann: Lithium Australia business update, page-8

  1. 200 Posts.
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    Have to say that the current suspension is interesting both from a timing, duration and changing reason perspective. Can't say I'm an AG fan but I am keenly interested in the renewables sector and have been following LIT for many years but the term that always ends up in my mind when researching this company is 'more moves than a Swiss watch'. Smoke and mirrors seem to surround nearly every company announcement and interview given.... frustratingly there's never anything offered in concrete business terms. Poster @sqe in particular openly and passionately questions the veracity of LITs business case and is relentlessly hammered for doing so. I watched today a recent AG interview and to my mind his answers to absolutely all critical, in depth questions were both fluffy and lacked substance. Nothing actually seems to be materially progressing, the business is just getting more complex and I just cannot get my head around how LIT is actually going to achieve anything in a sound profitable business sense - I get 'the loop' but it all seems just unfunded non-commercial 'vibe' and feel good stuff atm. Can those invested help by pointing me to or mapping out the sound viable competitive business plan as they see it... with time line, critical funding points etc etc. Nothing I've heard or read to date seems to provide this level of information which is surely critical to business success and to the longer term investor.
 
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Last
1.1¢
Change
-0.001(4.35%)
Mkt cap ! $18.59M
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