News: LIT Lithium Australia NL Announces Renounceable Rights Issue To Raise Up To $6.5 Mln, page-5

Completion in mid 2017 and a JV with PL!?. Much happier times. Over 4 times the current SP and less diluted too. Equals many times the current MCAP. It was a good story they were selling back then. But LPD filed suit against them for stealing their tech, LIT tried (and failed) at a hostile takeover, and since we have seen significant delays and do-overs with their Sileach tech. They were bordering on a 2500tpa plant and yet now we are years on and they're planning their 'third generation' pilot plant? I think that speaks volumes about viability and quality of their tech. Must have taken a while to adjust it to be legal and less L-Max-y, and they still seem to be struggling as a result.