LIT 0.00% 2.1¢ lithium australia limited

Ann: LIT completes next step towards commercialisation of LFP, page-8

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. sqe
    6,939 Posts.
    lightbulb Created with Sketch. 3626
    LOL

    So DLG pulled the pin on trialing the VSPC cathode powders because of covid? Funny.....cos the company did not announce a reason why, so you must be speculating AGAIN.

    Did the 50/50 joint venture with DLG (ie Soluna) fail because of COVID as well? No, that failed because of a lack of sales. Even though LIT announced to the market they were close to cash flow positive (which they never achieved), the sales team quickly fled, and then LIT quickly turned to making statements of "Minimizing losses" when it came to Solume (ie DLG partnership)

    Funny too that there has been ZERO other interest in the VSPC cathode powders. All from a VSPC pilot plant that LIT have been operating for 5 years.

    Ahh well, you can now spend more $$ building yet another pilot plant to keep the story going for a few more years.


 
watchlist Created with Sketch. Add LIT (ASX) to my watchlist
(20min delay)
Last
2.1¢
Change
0.000(0.00%)
Mkt cap ! $27.32M
Open High Low Value Volume
2.2¢ 2.2¢ 2.1¢ $18.43K 876.4K

Buyers (Bids)

No. Vol. Price($)
8 1759190 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 902437 7
View Market Depth
Last trade - 16.10pm 08/10/2024 (20 minute delay) ?
LIT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.