Recovery of Lithium Hydroxide, page-46

The big boys bought in below 2c already, and are now selling into the buy hype...

Plenty time again until April pilot plant commissioning. SP pressure until then. In addition Lycopodium are yet to incorporate design into Plant 1 Feasibility which is expected in Q2. ie Heavy cash burn 

Extract from the announcement 
 
'In reviewing the engineering for the Phase 1 Plant Project, completed by Lycopodium inDecember 2018, a proportion of re-work will be required to integrate the LOH-MaxTMprocess. Strategic Metallurgy is developing the process design criteria for Lycopodium tofinalise the design for the new circuit.'