Ann: Lithium Carbonate Process Developed, page-47

Too funny.

You see, that CAD$4M was the equivalent of almost 4yrs of revenue for your precious LIT. All you have to do is check the half yearly report published 11th March and you will see a Loss for the half year of $10.5M, on sales of $516k. Cost of those sales was $706k.

Did you check the LPD half yearly? You see, our revenue for that single $4M transaction is the equivalent of 4 years of LIT revenue. And yet, it was done with expenses dialled right down. Yet LIT are burning through cash like you wouldn't believe.