J-Capital Short Report, page-10

I think that people should be philosophical about what's happening. The share price can go to $3 or 3 cents. What matters is the business, it will either succeed or it will fail. Nothing that I have read leads me to believe that it will fail. A lot of the criticism seems to be a grab bag of anti DLE propaganda. J Cap claim that the process will be water intensive and maybe in areas where water is not an issue DLE might be water intensive, but Lilac's process has been designed to use minimal water. They claim that there will be toxic waste big scale, but are they confusing Lilac's process with DLE that uses solvents. To me, the report seems to be just say everything bad that you have ever heard about DLE and claim that it applies to Lilac.
Remember when Johnny Shorts said that Lilac would have to throw heaps of acids at the process to make it work. The process is that the lithium attached to the beads is washed with a hydrochloric acid, this is how they detach the lithium from the beads and produce Lithium Chloride. You can describe this process as throwing heaps of acid, but it really doesn't shed much light.