LIT 4.55% 2.1¢ lithium australia limited

Ann: Preliminary Final Report - Appendix 4E, page-36

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  1. 1,212 Posts.
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    There are 1.2B shares on issue and many of retail holders may have shares>1M and these holders are happy to sit down and watch the show as momentum starts to unfold, however there 2-3 posters always disgruntle as soon as you post anything positive and sometimes feel their postsare confronting personally as you express any positive view and most funny thing is that they are non-holders. I believe they must have missed the recent hike where they could have made money or may have lost money.

    I do not expect the SP to go $0.20 but $0.10 is quite possible as it has performance bonus attached to the CEO, if the recycling can be scaled to large scale with commercial outcomes like in India and China, success is guaranteed as this business is received a lot of backup from federal subsidy and LIT is free from debt.
 
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