From 11 Sept 2018
Lithium Australia will now pay Germany’s Tin International AG €2m in cash and scrip for the 100% interests in the Sadisdorf and Hegelshöhe licences.
Moderated? This is fact. The man is a Charlatan. I remember reading the announcement of the German project and seeing straight thru it. It would never be allowed to go ahead. All smoke and mirrors. LIT is a total nonsense stock.
As it turned out I was right, the company never even bothered to renew the Sadisdorf license after it ran full term, relinquishing the 133-square kilometre Eichight exploration license and moving on to the next brilliant idea.
Ann: Application for quotation of securities - LIT, page-4
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