Ann: Landmark joint development agreement with Mineral Resources, page-148

"when i asked how's your investments going, i was talking about the sp, nmt is down 200% from their 12mth high last i checked, hnr is down 600%. There is a reason why they're being slammed. Hnr will just become a black mass producer at best."

Look at the investment environment 2 years ago, 0% interest rates worldwide, zero inflation, most Central Banks were fighting deflation & no war. The world has changed. Macro has an effect on the share market. Investors don't look at the speccy end of the market when they're facing the cost of living pressures, they're trying to pay next month's mortgage. They have other priorities other than investing.

Anyway, speaking of SP.




So, former HNR management destroyed their own SP when it was trading at 6 cents & they called a CR at 2.9 cents!! Then shareholders faced 12-18 months of delays. Hence, the current SP. The business side is progressing well though. NMT has suffered similar delays while under the current Macro environment. Plus, NMT is a target for short sellers. Once again, the business side is progressing well.

"Envirostream a 100% subsidiary of LIT is only a black mass producer MMD, it never claims to become a refining hub."

The real money is in battery grade chemicals, not Black Mass. HNR can produce battery grade chemicals from Black Mass to be used in other batteries, again & again, when/if they build a plant.

"LieNA is a processor of lithuim fines nothing to do with battery recycling, hence the JV with MinRes."

Then why does the LIT website suggest that spent batteries could be a "target" for LieNa?

About LieNa - Lithium Australia (lithium-au.com)