Ann: Large-Scale Pilot Plant study exceeds design criteria, page-26

There's a new addition to the peanut gallery each week.

Can only assume you're referring to the 09 May 2017 – LIT advances plans for Large-Scale Sileach Pilot Plant 1 page ANN.

"Other areas of substantial capital cost savings have been identified by CPC and these will also be included in this estimate which will be delivered to LIT around the middle of June. This is in line with Lithium Australia commercialisation strategy of its low cost SiLeachTM technology."

The CPC LSPP study outcome was NOT complete at that stage.

Prior;

11th April - "Phase 2 commenced

Phase 2 of the MRIWA program will focus on the added value that can be obtained by optimisation or additions to the Sileach™ circuit as currently envisaged. This program will also be undertaken at Murdoch University"

"Process optimisation studies, sole funded by LIT, continue outside the scope of the MRIWA Project 479. Where appropriate, results from these research modules (Phase 3 and Phase 4) will be incorporated into future plant design."

Latest announcement - "Murdoch University, under the auspices of a Mineral Research Institute of Western Australia (MRIWA) grant, continues its work program on the production of valuable by-products from the SiLeach™ process solutions."

Well done, champ!



P.S. LPD holders are becoming quite cult-like. You just know if LPD were to ever go belly up one day they'd all follow Julian "Joe" Walshy out into a the middle of the bush and drink a cup of cyanide with him.

Walshtown!