LIT 15.0% 2.3¢ lithium australia limited

Waxon, That 1st link you provided above is a beauty... Here an...

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    Waxon,

    That 1st link you provided above is a beauty... Here an excerpt

    "...
    Batteries and lithium should be in the news today, with Tesla’s Elon Musk tipped to be making an announcement, expected to be about the company producing a large lithium battery capable of powering a house – which is a step up from Tesla’s initial thrust of powering automobiles. The battery is tipped to be large enough, and its storage capacity sufficient, to keep all the lights and appliances going in a home. The battery can be re-charged at night when off-peak rates apply (or topped up by wind or solar installations). Press reports put the price of these batteries at $13,000 each. This will transform lithium demand. And electricity storage is one of the targets for a small Australian company, Cobre Montana (ASX:CXB).

    For a company with a market capitalization of A$15 million, it is not short of aspirations, saying it “aims to control the greatest lithium resource base of any company worldwide”. It says it is one of the few to target lithium micas, what it terms “the forgotten resource”. And here is another point: it believes that production from micas will allow development of lithium carbonate with the potential to be competitive with the brine (salt lake) producers. Until now mica had been a worthless waste product but technology developed in Perth has changed all that. CXB has rights to that technology for 26 years. In a comment released today, Cobre Montana managing director Adrian Griffin had this to say: “The outcome of testing to date is very significant, as it demonstrates that lithium production from mica, previously considered un-commercial, has the potential to change global lithium production dynamics”. - See more at: http://investorintel.com/technology...ns-to-ride-lithium-wave/#sthash.hWyuKPDB.dpuf..."
 
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