Firstly, yes, my posts are predominately negative. Doesn't mean everything I say is negative. I've actually said that recycling batteries is a feel good story. I've also publically said that if the company can recover the Iron from Zinwaldite, and use this in the production of cathode powders, or recover the lithium + Iron from LiFePO4 batteries, and use that in the production of cathode powders I'd invest.
But they haven't.
I discuss the technologies and business strategies of this company. Take for instance SiLeach. The production of lithium carbonate from Zinwaldite/Lepidolite. Its nice on the surface, but have you done the numbers on it? Have you done the numbers on the waste produced?
Or LieNA. Again, have you done the numbers on waste produced? I can help you out if you don't know where to start.
Or the strategy with battery recyling? Part of their "closing the loop", yet they want to IPO the recycling. Makes no sense.
How much does the company spend on keeping VSPC going?
How much does the company spend on keeping Envirostream going?
Do you have those answers? If so, please feel free to share
LIT Price at posting:
4.9¢ Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)