Ann: Change of Company Name, page-8

Since its listing LIT has raised around $100 mil. using the ASX. Now in "Struggle Street " they are unable to conduct a capital raise of any
significance. their credibility is Zero. The name change is to start afresh IMO. How successful that will be remains to be seen. The platform for the
future is " Pie in the sky Stuff " and very much "forward looking statements " Some call it "smoke and mirrors" I call it Window Dressing..
1. Recycling is not profitable enough now or in the near future to carry the existing BOD I note staff exes in the quarterly $4mil
2 MIN testing LieNa to check its commercial capability in improving volume of the refined Lithium ore they mine . LIT have used the CSIRO
over the years to try and improve the significant waste residue to no avail now MIN are having a second look. A big saving for MIN if this works,
but its just a punt For CE.
NOTE......
... Due to the challenging procedure required to obtain pure lithium and the use of acid, extracting lithium using a hydrometallurgical approach from ores (lepidolite, spodumene, petalite, and amblygonite) is regarded as non-economical and environmentally damaging [21][22][23]. The most widely used method for lithium extraction from spodumene is the sulfuric acid process [24]. However, this approach results in significant waste residue and necessitates high-temperature pretreatment. ...
3 LIT got the Lithium Phosphate patent when they took over a destitute VSPC. now all they have to do is manufacture it, no one is interested in buying the patent...........if there is market share from the Chinese , you would need a $bil to start.

so all in all, Just let Envirostream continue, disband the top heavy management, and find a recipe to refine the black mass.


all IMO