Seems to me that if they're prepared to announce these results, then the deal must be done, otherwise you'd think VSPC would now be asking for more $.
The following was in their previous announcement relating to their due diligence on VSPC, which makes this very timely...
"A number of tasks have not been completed in accordance with the original schedule and the due diligence period has been extended a further three weeks whilst, amongst other things, the company awaits the results from cathode testing in Germany.
The proposed acquisition would provide the company with widespread energy metal capability including processing expertise for both fresh and waste ore, and recycling entry points into energy metals and cathode supply for global battery markets."
LIT Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
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