I've got the feeling LIT is going to be taken very seriously by potential investors soon. The cathode business could be a real winner. Why limit yourself to lithium and byproducts? Value adding is a good way to boost shareholder value.
It's a great marketing and promotional move for LIT to be doing testing and due diligence in Germany. They should Let us know soon, as to the value of the deal and the potentially imminent supply to some of the many new battery factories that are due to be built soon. However, technology is moving fast and we have to wait and see about viability of VSPC etc.
Nevertheless Queensland University of Technology is just up the road and has a demonstration facility to show everyone how to build or prototype new lithium batteries.
It should not be a riddle anymore. The big picture is starting to emerge.
LIT Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
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