Correction, let's make that 15 years, allowing for some tweaks to the overall process for the last 1.5 decades, from spod to brine, carbonate to hydroxide etc.
NEOMETALS LTD (ASX:NMT) - Ann: Positive Lithium Carbonate PFS and New Explo, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
Too me, this project looks more & more like a rainbow. A rainbow is real, you can see it. But it doesn't matter how fast you run towards it you can never catch it, because it moves away from you at the same speed. 15 years NMT has been chasing this lithium chemical dream, 15 years. Still, no bananas & they had $200m to develop, streamline & commercialise the process.
Don't forget the previous partner bailed!!
NEOMETALS LTD (ASX:NMT) - Ann: Lithium Chemicals Update, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
I think the status quo will continue unless shareholders demand more action from the company.
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