LIT 2.27% 2.3¢ lithium australia limited

Ann: Large-Scale Pilot Plant study exceeds design criteria, page-44

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    I think LIT will have a place at the table within the lithium market, while 10k break even cost is high 40mil to get LSPP up and running for 2500t of carbonate would still be profitable. If 10k is the top of the range there is plenty of room to bring down costs and by product credits would help to a extent. With scalability process might even bring down cost.

    With cost almost 2-3x that of conventional mining it might be hard convincing investors to front up the money when traditional/large scale proven applications exist. Going to take alot more work in and plenty of spin to get it up and running
 
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