Calling it a $12m investment is a bit rich. They purchased $12...

Calling it a $12m investment is a bit rich. They purchased $12 worth of shares at a diacount, whos to say they didnt just turn around and sell them? Given the SP that seems like exactly what theyhave done. Howis that an investment?

Envirostream is still not profitable. More volume doesn't mean squat until you can convert that to money. Are they still planning to spin this off seperate to LIT?

Its good youre working on a DFS. After nearly a decade of talking about nearing commercialisation youre finally investigating commercial viability... bit weird that nobody has wanted to invest in VSPC and DLG famously dropped it (even investing a million in their batteries and trying to start Soluna Australia couldn't tempt them). Some of you may not remember but the PFS was basically the nail in the coffin for sileach (though they took a while to admit it). It found that they needed an expensive large-scale 3rd trial plant to break even at 5000tpa. It seems like they did that math and found the slim (to none) profit margins just can't justify the cost and risk. Hopefully the same doesn't happen to vspc but just remenber a FS can reveal that a project really isnt commercially viable and the history of vspc under LIT has been underwhelming to say the least.

Liena has been undergoing development for nearly as long as sileach. Its good somebody else has made progress with it (ets face it LIT were never gonna do it), but its still ridiculously far from commercialisation.

Good job on the invetsments/prospects in other people's companies. History indicates many of these will amount to nothing and they currently dont show much promise but what's new.