LIT 27.8% 2.3¢ lithium australia limited

To the contrary, fluoride burns are often delayed and depend on...

  1. 334 Posts.
    To the contrary, fluoride burns are often delayed and depend on the concentration. Same with fluorocilicic acid low- concentrations are ok but if its a product (as AG states), its likely to grade>20% and thats problematic.

    How do you commission? Short answer - you dont.

    I think this is the sole reason that LIT made a TO bid is to cover up the fact that Sileach is not commercial. To meet publicly stated objectives (such as a commercial plant in Port Hedland) he wanted to acquire Lmax and masquerade it as Sileach. Since no one knows what Sileach is, nobody knows the difference. It was suspiciously at the conclusion of the unsuccessful Sileach pilot on PLS spodumene and at the time LPD was due to finish PFS... all the ducks lined up, except one thing I think - a low ball offer- supported by mates (who by the way will get scr3wed at current prices). I dont think ASIC will take kindly of PWN offloading ~20% of their value (0.013x~100M)/(0.018x350M) at at ~15% discount without shareholder approval. Someones in trouble...
 
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